Chandler businesses have 4 sources of help, Chamber says The Chandler Arizonan

Chandler businesses have 4 sources of help, Chamber says

Chandler businesses have 4 sources of help, Chamber says
City News
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ARIZONAN NEWS STAFF

Pandemic-rattled small businesses have four government sources for financial help, according to Chandler Chamber of Commerce President/CEO Terri Kimble.

Arizona Small Business Rent and Mortgage Relief Grants of up to $25,000 can cover two months of rent of mortgage payments owed by businesses that were required to shut down earlier this year.

The $10 million program prioritizes businesses that are most in need of the funding and do not have access to other financial support.

Grant applications are at localfirstaz.com/azsmallbizrent. More information is at localfirstaz.com/azsmallbizrent.

Kimble also noted that the Maricopa County Board of Supervisors also has approved a grant program in which businesses and nonprofits can received up to $25,000

“Relief grants are intended to support the continued viability of small businesses and nonprofits across the Valley,” Kimble noted, adding that those in Phoenix and Mesa are ineligible since those two cities received their own pandemic-relief money from the federal government.

“While funding is available; applying for a grant does not guarantee funds will be awarded,” Kimble said, adding that the program administered by the Arizona Community Foundation.

Apply at azfoundation.org/GrantsLoans/COVID-19FundingforPhoenixSmallBusinesses.aspx.

Grants will be awarded on a rolling basis through October until funding is exhausted or the grant period closes.

To qualify, small business and nonprofits must have 50 or fewer fulltime employees and generated no more than $5 million in gross revenue in 2019.

Applicants also must be able to show their gross revenues declined by at least 25 percent as a result of COVID-19 from March through June 2020, compared to the same time period last year. There are other requirements as well spelled out on the website.

Applicants that have received COVID-related government assistance, including Payroll Protection Program, Economic Injury Disaster Loan, SBA Express Bridge Loans, and SBA Debt Relief, are now eligible to apply for the county assistance.

Guidelines can be found at azfoundation.org/Portals/0/Uploads/Documents/GrantGuidelines/Phase%202%20Maricopa%20County%20Relief%20Grants%20Program%20Guidelines.pdf?ver=Bo3fFZBxEAWvdR63lU__gw%3d%3d.

The City of Chandler also has a hiring and retention program that will provide qualifying businesses with $1,300 per employee retained or hired since Dec. 31, 2019 – up to a maximum of $10,000.

“These funds are intended to provide a direct benefit to the citizens of Chandler by supporting Chandler businesses that are keeping employees on payroll as they adjust to revenue losses and business disruptions caused by COVID-19,” Kimble said of the program, which has about $9.5 million available on a first-come, first-serve basis.

“While funding is available, the total amount is based upon employees retained or hired and applying for a grant does not guarantee funds will be awarded, Kimble said.

The program initially will be limited to businesses in food services and accommodations, health care and social assistance, administrative services and support, waste management and remediation, manufacturing, entertainment and recreation and the arts.

Home-based businesses are not eligible and applicants must own or lease non-residential property and commit to staying in Chandler through the end of the year.

Details are at chandleraz.gov/government/city-managers-office/coronavirus-disease-2019-covid-19/business-resources/business-hiring-and-retention-program

The fourth source of help is the I Choose Chandler personal protective equipment reimbursement program run by the city Economic Development Department in partnership with the Industrial Development Authority.

The program is aimed at helping businesses with costs incurred from purchasing PPE in amounts between $100 and $500.

The Chandler Industrial Development Authority has made a total of $200,000 available for the program.

Covered costs include PPE, professional cleaning and disinfection services purchased as a result of the COVID-19 pandemic and to comply with public health guidelines.

Information: chandleraz.gov/government/city-managers-office/coronavirus-disease-2019-covid-19/business-resources/grant

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