2/3 of PPP Loans Were $50,000 or Less Although two thirds of PPP loans were for $50,000 or less, the total amount of dollars loaned in this smallest of increments was only approximately $57 billion – just over 11 percent of the total 521 billion paid out thru June 30.… Read More »Let’s keep focus on ppp
IRS Corporate Tax Audits Declined by 71% Corporate audits initiated by the IRS in April and May between 2019 and 2020 declined by 71 percent from 2,445 to 716. https://www.statista.com/chart/22151/new-irs-audits-fall/ Learn more about Delta Business Advisors at: https://deltabusinessadvisors.com or contact us @ 480-686-8062 | Lisa@DeltaBusinessAdvisors.com | Schedule a meeting with… Read More »New Tax Audits Plummet
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
Applications in AZ continue to increase year over year. 510 EIN applications in AZ last week indicate a 6.2 increase from the same week last year. 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
Although a 40.4% decline in occupancy rate from a year ago, more people are saying at hotels. 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
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
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
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 Center for State & Local Government Excellence and ICMA-RC published survey results from public employees. Why is this important? These employees may be your customers, future employees or future business owners who purchase or start a business. These may also be similar expectations and experiences for non-public sector employees.… Read More »Public Sector Industry Employees Spouse/Partner Employment Impact
The Center for State & Local Government Excellence and ICMA-RC published survey results from public employees. Why is this important? These employees may be your customers, future employees or future business owners who purchase or start a business. These may also be similar expectations and experiences for non-public sector employees.… Read More »COVID-19: Major Impact on Public Sector Employees Job