EVCCA Covid -19June 30, 2020

The East Valley Chamber of Commerce Alliance (EVCCA) released the findings from a fourth survey of a series. According to the report, 51% of employers noted there has been no change to their employee count during COVID-19, 14% have hired new staff, and 40% have combined reduction in hours, a hiring freeze, layoffs, and terminations as means to reduce overhead expenses. Read More HERE

EVCCA Covid19May 8, 2020

FOR IMMEDIATE RELEASE

EAST VALLEY CHAMBERS OF COMMERCE RELEASE THIRD COVID-19 BUSINESS IMPACT REPORT – READ HERE

Phoenix – The East Valley Chambers of Commerce Alliance (EVCCA) released today the findings from the third survey of a series conducted of its more than 5,000 members to determine the status of funding and rent relief options.

The report includes responses from nineteen industry sectors and nearly 75 percent of respondents represent businesses with less than 20 employees. It should be noted that the survey was completed prior to Governor Ducey’s Returning Stronger plan to reinvigorate Arizona’s economy was announced. Based on the data and feedback received, the following were identified:

Actions Taken • 35% of respondents noted there was no change to their current business model. • 30% have reduced their hours of operations and/or services provided, while another 21% said they are temporarily closed. • 47% of respondents have implemented employee furloughs or layoffs, while 35% have reduced employee hours. • Less than 16% of respondents are currently hiring.

Loans and Funding • Loans and debt relief continue to be top of mind for most respondents. • While 60% said they had applied for an Economic Injury Disaster Loan (EIDL), only 9% stated they were approved. • 74% applied for the Paycheck Protection Program (PPP) loans, and only 25% were approved. • 46% of respondents stated they had been waiting for two weeks or more for a response to a loan application. • 37% of respondents have received rent reduction or deferment, while 11% noted their landlord or lienholder refused to negotiate.

The EVCCA will use this data to advocate for the immediate and long-term needs of the businesses for which they present.

To view the published report, visit https://gilbertaz.com/uploads/ImpactReport0508.pdf ###

The East Valley Chambers of Commerce Alliance represented more than 5,000 businesses through individual memberships held with the Apache Junction, Carefree Cave Creek, Fountain Hills, Gilbert, Mesa, Queen Creek, Scottsdale and Tempe Chambers of Commerce.

EVCCA PressApril 24, 2020

FOR IMMEDIATE RELEASE

EAST VALLEY CHAMBERS OF COMMERCE RELEASE SUGGESTIONS FOR RE-OPENING THE ECONOMY Providing Governor Ducey suggestions to consider as Arizona re-opens businesses – Read HERE

Phoenix – The East Valley Chambers of Commerce Alliance (EVCCA) forwarded a memo to Governor Ducey today in response to his request for the business community to provide suggestions on guidelines of what the landscape will look like as the economy re-opens. The suggestions were vetted through eight East Valley chambers of commerce representing more than 5,000 members.

The memo outlines suggestions for a phased-in approach based on health metrics and safety concerns. “Businesses are looking for clarity and definitions to help them as they begin planning to reopen,” according to Kathy Tilque, Gilbert Chamber of Commerce President/CEO and EVCCA Legislative Committee chair. “While the dates proposed in the memo may not be implemented due to the metrics needed to ensure employees and customers are safe, they represent a movement to identify the rules and guidelines for a phased-in approach of re-opening our economy.”

Tilque noted that according to a recent EVCCA survey businesses are applying for EIDL, PPP, and lines of credit in hopes of not having to close their businesses permanently. Fifteen to thirty-two percent haven’t received any acknowledgement and fifty-six to sixty-one percent were turned down, as related to the PPP and EIDL loans respectively. The EVCCA is evaluating the reasons for this and will share in a separate report. “The majority of businesses cannot weather this crisis through the end of June which is why developing a clear, concise, and safe plan now is critical,” Tilque noted. “The federal government’s programs are much appreciated, but the reality is that if the money received has to be used now while the business is closed, there will be no money to pay employees when their doors open if we wait until after June.”

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The East Valley Chambers of Commerce Alliance represented more than 5,000 businesses through individual memberships held with the Apache Junction, Carefree Cave Creek, Fountain Hills, Gilbert, Mesa, Queen Creek, Scottsdale and Tempe Chambers of Commerce. www.evcca.org

EVCCA Covid19April 7, 2020

FOR IMMEDIATE RELEASE

EAST VALLEY CHAMBERS OF COMMERCE RELEASE SECOND COVID-19 BUSINESS IMPACT REPORT

Businesses Share Stress of Meeting Demands of Debt, Payroll, and Keeping Business Open

Phoenix – The East Valley Chambers of Commerce Alliance (EVCCA) released today the findings from the second survey of a series conducted of its more than 5,000 members to determine the immediate impact of the COVID-19 pandemic on their revenue, operations, and supply chains.

The report includes responses from nineteen industry sectors and nearly 70 percent of respondents represent businesses with less than 20 employees. Based on the data and feedback received, the following were identified:

  • Loans and debt relief are top of mind for the majority of respondents with 56% applying for the SBA’s Economic Injury Disaster Loan and 47% preparing to apply for the Paycheck Protection Program loans.
  • Only 21% of respondents noted there was no change in their current business model. Another 21% said their business remains open with a skeleton staff but have either placed employees on furlough or laid off staff.  Sixteen percent were able to transition to full remote working.  With another 16% combined closing their business location, furlough or laid off all or some of their employees.
  • Thirty-one percent of respondents noted they will be requesting rent or mortgage relief.
  • Thirteen percent respectively are looking at utility and accounts payable relief.

The EVCCA will use this data, along with information received from upcoming surveys, to advocate for the immediate and long-term needs of the businesses for which they present.

To view the published report, click HERE.  Additional business resources related to the COVID-19 pandemic can be found on the Carefree Cave Creek Chamber of Commerce’s resource page HERE.

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The East Valley Chambers of Commerce Alliance represented more than 5,000 businesses through individual memberships held with the Apache Junction, Carefree Cave Creek, Fountain Hills, Gilbert, Mesa, Queen Creek, Scottsdale and Tempe Chambers of Commerce.

EVCCA Covid19March 23, 2020

 FOR IMMEDIATE RELEASE

 EAST VALLEY CHAMBERS OF COMMERCE RELEASE COVID-19 BUSINESS IMPACT REPORT

Businesses Share Current, Anticipated Impact and Resources Needed to Survive Crisis

Phoenix – The East Valley Chambers of Commerce Alliance (EVCCA) released today the findings from a survey conducted of its more than 5,000 members to determine the immediate impact of the COVID-19 pandemic on their revenue, operations, and supply chains.

The report includes responses from nineteen industry sectors and nearly 70 percent of respondents represent businesses with less than 20 employees. Based on the data and feedback received, the following commonalities were identified:

  • An immediate need for access to cash to keep their businesses afloat and to cover payroll expenses. As such, the need to streamline the SBA loan application and to limit restrictions was identified as a priority.  Access to loans, lines of credit, and other funding options from local banks is essential as well.
  • Employers are concerned with the welfare of their employees and seek clarity on how to accommodate new Sick Leave, FMLA, and payroll tax credits. However, if businesses do not have access to cash, tax credits are not relevant as employees cannot be paid. Businesses are trying to reassign or identify new duties to keep current employees on the job, including delivery, maintenance, and remote work assignments.
  • Access to medical and sanitizing supplies is critical, especially for our hospitals. Many businesses require access to these supplies in order to operate, including meal prep, delivery, and carry-out services.
  • Businesses are asking for accurate and consistent information about COVID-19 and clarity to be provided for businesses and essential service protocols to keep employees and customers safe.

The EVCCA will use this data, along with information received from upcoming surveys, to advocate for the immediate and long-term needs of the businesses for which they present.

To view the published report, Click HERE

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The East Valley Chambers of Commerce Alliance represented more than 5,000 businesses through individual memberships held with the Apache Junction, Carefree Cave Creek, Fountain Hills, Gilbert, Mesa, Queen Creek, Scottsdale and Tempe Chambers of Commerce.