Among the 11,000 firms approved for at least $150,000 in loans, several sectors dominated — restaurants, medical, dental and law offices, and construction contractors. More than 150 religious organizations — mainly churches — and nearly as many schools also were approved for loans.
Two Valley restaurants are now closed after a couple of employees were reportedly infected with coronavirus.
The government handed out $521 billion through the paycheck protection program, a crucial piece of the government's $2 trillion rescue package.
The shop's owner says she previously offered masks to customers to stay healthy, but some people were angered by it.
Valley teen Katelyn Prazak just graduated from Sunrise Mountain High School in Peoria and turned a birthday gift of a camera from her parents into a photography business. https://www.instagram.com/katelynprazak/
Bill introduction comes as Congress, White House grapple with a fourth coronavirus aid package to help US economy.
Kathy Lange, co-owner of So Many Cats, says the animal shelter is being kicked out after she and her partner have been renting this house, rescuing and caring for street strays for nearly 15 years.
Recently, restaurant owner Bryon Elsberry learned the restaurant was facing eviction and on the same day, he found out he had been approved for the payment protection program.
A Glendale-based subscription company is now delivering products, such as beauty, clothing, or household items, from black-owned businesses across the country. FOX 10's Ty Brennan has the details.
The unemployment rate dropped to a better-than-expected 13.3%, but that is still on par with what the nation witnessed during the Great Depression.
In an alleged Motor City money grab, a local man is accused of swiping funds from the federal Payroll Protection Program (PPP) -- which is meant to help keep small businesses afloat amid the coronavirus shutdowns -- to buy two Cadillacs, a Dodge Charger and a Hummer, according to federal prosecutors.
Several local businesses owned by black men and women are ready for another busy night of sales as the community brings in its support amid growing national unrest after George Floyd's death.
Yesterday was #BlackOutTuesday where millions of social media users posted black squares to support those fighting for racial justice. It was also a day where a lot of people spotlighted local black-owned businesses. West Alley BBQ in Chandler was overwhelmed with support, and because of that, they ran out of food. FOX 10's Ty Brennan has the details.
BBQ Trapp Haus in downtown Phoenix is just one of the many businesses that has had their momentum disrupted by the statewide curfew. However, this particular restaurant is receiving backing from residents in droves as people have turned their focus onto supporting Black-owned businesses in the state.
Looting and vandalism in cities across the country have dealt another blow to small businesses that were already reeling from the coronavirus outbreak.
Stephanie Byrd agonized over temporarily laying off nearly the entire staff at her family’s trio of Detroit businesses when the coronavirus pandemic hit.
The pandemic has had a devastating impact on retail as businesses across the country were forced to close their doors for weeks at a time. In the sporting goods industry, the impact has depended on the focus of the business.
It's not everyday one gets the opportunity to ask the President of the United States a question, but one Gilbert business owner did after she was invited by the White House to join in on a conference call with Donald Trump.
It's a long drive -- six hours -- up to these small towns on the Navajo Nation.
Advocates say small and diverse businesses are inherently at a disadvantage when it comes to the SBA’s Paycheck Protection Program.