The coronavirus pandemic’s toll on Phoenix-area businesses and related concerns has ramped up the need for immediate access to funding to pay expenses and avoid closure.
A survey by the East Valley Chambers of Commerce Alliance found that more than 40% of area businesses reported significant loss, and a small portion reported being on the verge of losing their business. Minimal losses were reported by nearly 40% of respondents. The survey included 485 responses received from its more than 5,000 members through March 22,
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