With more than 10,000 volunteer mentors nationwide, 32 in the Northern Arizona Chapter, SCORE is a non-profit organization that helps entrepreneurs start, grow, reimagine or exit a business at little or no cost. We cover every area, every industry, every background. Often an aspiring entrepreneur has an idea that they want to pursue, but are not sure where to start. We’ll assign them a mentor or they can chose a mentor by answering questions on our website. Mentors can be local or provide … [Read more...] about SCORE Supporting Flagstaff-Area Businesses with Free Resources
Small Business Administration
Restaurants Feeling Financial Relief
Business is improving at restaurants in Prescott, Flagstaff and Sedona as we emerge from the pandemic, which has hit restaurants especially hard. In early May, Arizona Congressman Tom O’Halleran announced that the Small Business Administration’s $28.6 billion Restaurant Revitalization Fund had begun accepting applications. Many restaurants in Central and Northern Arizona have either already received or applied for these funds. Priority for the first 21 days was given to restaurants owned … [Read more...] about Restaurants Feeling Financial Relief
Disaster Loans for Businesses, Private Nonprofits, Homeowners and Renters
Small nonfarm businesses in all 15 Arizona counties and neighboring counties in California, Colorado, Nevada, New Mexico and Utah are now eligible to apply for low interest federal disaster loans from the U.S. Small Business Administration, announced Director Tanya N. Garfield of SBA’s Disaster Field Operations Center-West. These loans offset economic losses because of reduced revenues caused by drought in the following primary counties that began Jan. 1, 2021. Primary Arizona counties: … [Read more...] about Disaster Loans for Businesses, Private Nonprofits, Homeowners and Renters
SBA Re-Opens PPP to Community Financial Institutions
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, re-opened the Paycheck Protection Program (PPP) loan portal today at 9 am ET. SBA is continuing its dedicated commitment to underserved small businesses and to addressing potential access to capital barriers by initially granting PPP access exclusively to community financial institutions (CFIs) that typically serve these concerns. When the PPP loan portal re-opened today, it initially accepted First … [Read more...] about SBA Re-Opens PPP to Community Financial Institutions
5 Ways to Thank Your Local Small Business
In the middle of a pandemic that has taken so much from us, acts of celebration and sharing hold an even deeper significance. Although our holidays celebrations will look different this year, our values remain unchanged. This is a season of caring, a season of giving. We each look for ways to ease suffering and connect with our loved ones, even if over a computer screen. As we care for our neighbors by donating meals and gifts and prepare the same for our families, I urge you to make those … [Read more...] about 5 Ways to Thank Your Local Small Business
Deadline Approaching in Arizona for SBA Working Capital Loans Due to Drought
Director Tanya N. Garfield of the U.S. Small Business Administration’s Disaster Field Operations Center-West today reminded small nonfarm businesses in eight Arizona counties and neighboring counties in Colorado, New Mexico and Utah of the Nov. 7, 2020, deadline to apply for an SBA federal disaster loan for economic injury. These low-interest loans are to offset economic losses because of reduced revenues caused by drought in the following primary counties that began Jan. 1, 2020. Primary … [Read more...] about Deadline Approaching in Arizona for SBA Working Capital Loans Due to Drought
Serving Arizonans in Several Capacities
Kurt Davis views each of his jobs as a learning experience. He then takes that knowledge with him to his next job and begins learning all over again. “Everywhere I’ve gone, I tried to learn and use those lessons,” he said. Some of the jobs he has held over the years include working for two governors, working for an attorney general and being the spokesman for a firefighting association in 27 states. He was also the head of Arizona’s Republican party, a vice president at NAU and now runs … [Read more...] about Serving Arizonans in Several Capacities
Wells Fargo #1 SBA Lender in Arizona
Wells Fargo & Company (NYSE: WFC), America’s #1 small business lender, today announced it is the #1 Small Business Administration (SBA) 7 (a) lender in Arizona in amount of dollars loaned for the fifth consecutive year. Wells Fargo originated $84.2 million dollars in financing to Arizona businesses from Oct. 1, 2010 and Sept. 30, 2011. “We believe that the flow of new loan dollars into our communities represents a very powerful statement for job creation and economic … [Read more...] about Wells Fargo #1 SBA Lender in Arizona
Leaders Recognize National Small Business Week
Each of the past 48 years, the U.S. President has proclaimed this: National Small Business Week. The contributions of small business owners are also recognized by the U.S. Small Business Administration. President of the Flagstaff Chamber of Commerce, Julie Pastrick, called small business the backbone and character of every community. "Some feel that big business dominates the landscape but in general, across all of America, small businesses are the lifeblood of every community. In … [Read more...] about Leaders Recognize National Small Business Week
Educating Small Businesses About New Healthcare Law
Arizona Webinar April 12th. Series of webinars being held to focus on key provision of healthcare reform law that impact small businesses. With the tax filing deadline looming, national small business advocacy organization Small Business Majority is partnering with Small Business Administration regional administrators in a variety of states to hold free educational webinars on how the Affordable Care Act affects the small business community, and specifically, how small businesses can get some … [Read more...] about Educating Small Businesses About New Healthcare Law