Acumen

PPP Overview

In a nutshell, overall average loan size was $108k for loans approved through 6/27.  The 13.6% of businesses receiving loans for more than $150k had their names released today – (https://home.treasury.gov/policy-issues/cares-act/assistance-for-small-businesses/sba-paycheck-protection-program-loan-level-data). https://www.sba.gov/sites/default/files/2020-06/PPP_Report_Public_200627%20FInal-508.pdf Learn more about Delta Business Advisors at: https://DeltaBusinessAdvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a… Read More »PPP Overview

Airplane Travelers Increasing

Although the number of travelers is increasing, this is down almost 80% from a year ago with only 3.6M travelers last week. Learn more about Delta Business Advisors at: https://DeltaBusinessAdvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a meeting with Lisa: https://calendly.com/lisariley #DeltaBusinessAdvisors #MergersandAcquisitions #BusinessBrokers #MandAMarket #DailyBusinessAcumen

Dine-In Restaurant Goers Less than ½ of Prior Year

Restaurants had 0 dine-in customers from late March to early May and remain less than half of last year’s total (US down 59.1%, AZ down 51.5%; Phoenix Metro down 66.8%). https://www.azeconomy.org/2020/06/economy/high-frequency-update-06-05-2020/ Learn more about Delta Business Advisors at: https://DeltaBusinessAdvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a meeting… Read More »Dine-In Restaurant Goers Less than ½ of Prior Year

AZ Initial Claims for Unemployment Insurance

Although AZ initial unemployment claims increased slightly last week from the week prior, the 4 week moving average continued it’s downward trend. https://www.azeconomy.org/2020/06/economy/high-frequency-update-06-05-2020/ Learn more about Delta Business Advisors at: https://DeltaBusinessAdvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a meeting with Lisa: https://calendly.com/lisariley #DeltaBusinessAdvisors #MergersandAcquisitions #BusinessBrokers #MandAMarket #DailyBusinessAcumen

The Number of Banks on the “Problem Bank List” Remained Near Historic Lows:

The number of problem banks increased from 51 to 54 during the first quarter, the first quarterly increase since 2011. However, the number of problem banks remains near historic lows. https://www.fdic.gov/news/news/speeches/spjun1620.html Learn more about Delta Business Advisors at: https://DeltaBusinessAdvisors.com or contact us @ 480-686-8062 / Lisa@DeltaBusinessAdvisors.com / Schedule a meeting… Read More »The Number of Banks on the “Problem Bank List” Remained Near Historic Lows: