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Tag Archives | CARES ACT

Sinema

Sinema Urges Treasury and Federal Reserve to Adjust Main Street Loan Programs

Arizona senior Senator Kyrsten Sinema called on Treasury Secretary Steven Mnuchin and Federal Reserve Chairman Jerome Powell to quickly make adjustments to the Main Street New Loan Facility and Main Street Expanded Loan Facility so Arizona small and mid-size businesses can get needed economic relief during the coronavirus pandemic. “Arizona businesses need economic relief now. […]

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Martha McSally

McSally Introduces Bill to Expand Forgivable Expenses Under the Paycheck Protection Program

U.S. Senator Martha McSally (R-AZ) introduced legislation today to support the safety of consumers and employees during the reopening of the American economy. Her bill would aid small businesses with necessary safety improvements and short-term purchases of personal protection equipment (PPE). The Main Street Enhancement and Safety Act would extend loan forgiveness under the Paycheck […]

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CCC coconino comm

CCC students receive CARES Act funds

Coconino Community College has begun distributing money to qualified students from the federal CARES Act stimulus package. About $550,000 is being awarded to qualifying students for the spring and summer semesters. The current estimate is that 744 students qualify for the $600 CCC CARES Act Grant for the current spring semester because they were impacted […]

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cares act

McSally Urges Improvement to Small Business Disaster Loan Program

U.S. Senator Martha McSally (R-AZ) and a group of senators are requesting that the Small Business Administration (SBA) expedite the $10,000 Economic Injury Disaster Loan (EIDL) advances urgently needed by Arizona small businesses. In a letter to SBA Administrator Jovita Carranza, the senators urge the administrator to expedite the $10,000 advances to be received within […]

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cares act

Treasury Launches New Tool for State, Local, Tribal Governments to Collect Coronavirus Relief Funding

U.S. Senator Martha McSally (R-AZ) shared the following information regarding a new web tool launched Friday by the Treasury Department to allow state, local, and tribal governments receive funding to help offset the costs of their coronavirus response as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Once registered through this portal, […]

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cares act

New Assistance Available To Support Arizona Small Businesses

Arizona small businesses adversely impacted by COVID-19 have limited time to benefit from important benefits passed along with the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act. Known as the Paycheck Protection Program, small businesses can apply for 100% federally guaranteed loans for an amount up to 2.5 times their average monthly payroll expenses […]

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