3/19/2020 · News Release. March 19, 2020. PHOENIX — Today, the Small Business Administration (SBA) approved an Economic Injury Disaster Loan declaration for Arizona that will help small businesses here in the state impacted by COVID-19. Individual businesses …4/6/2020 · 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 times their average monthly payroll expenses for the prior Injury Disaster Loan The Economic Injury Disaster Loan helps small businesses impacted by COVID-19 with no minimum loan requirement. Additionally, all small businesses are eligible to apply for an advance of up to $10, ;· Arizona small businesses hit hard by the COVID-19 pandemic can now apply for relief loans from the Small Business Administration. An illuminated sign listing canceled events is …Recently, the Small Business Association (SBA) approved Arizona’s declaration for an Economic Injury Disaster Loan in light of the recent COVID-19 outbreak. This allows individual businesses to borrow up to $2 million to help their companies stay afloat .

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