At least $25 billion is being set aside for Second Draw PPP Loans to eligible borrowers with a maximum of 10 employees or for loans of $250,000 or less to eligible borrowers in low or moderate income neighborhoods.
Posts Tagged: covid
Eligible applicants may qualify for SVO Grants equal to 45% of their gross earned revenue, with the maximum amount available for a single grant award of $10 million. $2 billion is reserved for eligible applications with up to 50 full-time employees.
Last week we shared news of the second COVID-19 federal relief package. In the interest of ensuring Arizona’s arts & culture sector is well-prepared to take full advantage of the opportunities presented by this package, we want to alert you to additional information and resources that have emerged in the week since.
A collection of resources that may be relevant to you and/or the artists, arts professionals, and organizations with whom you work. We will continue to update this page for as long as it may be useful.
On Friday, July 3, 2020, Governor Doug Ducey announced that $2 million in relief funding from the State’s Crisis Contingency and Safety Net Fund will be delivered to Arizona’s arts and culture sector.
On Wednesday, July 1, 2020, the National Endowment for the Arts announced $44.5 million in federal relief grants nationwide. $1.2 million will come to Arizona through grants made to 16 Arizona nonprofit arts organizations and local arts agencies.
The Arizona Commission on the Arts will administer $428,700 in CARES Act funding via the AZ CARES Grant program in support of arts and culture organizations across Arizona.
In the coming weeks, the Arizona Commission on the Arts will host or cohost several online conversations and convenings. We will add to the list below as new events are scheduled.
The National Endowment for the Arts (NEA) announced today its guidelines to swiftly distribute funding to nonprofit arts organizations from the Coronavirus Aid, Relief, and Economic Security (CARES) Act to preserve jobs and help support organizations forced to close operations due to the spread of COVID-19.
Initially seeded with $130,000 from the Arizona Community Foundation and another $25,000 from other partners, the fund can provide approximately 150 grants. More than 500 applications were submitted in the 8 hours the application portal was open.