For Immediate Release | 04-07-20

Media Contact | Erin Ford Faulhaber

Direct | 602-542-3935

E-Mail | EFordFaulhaber@azcc.gov

Arizona Corporation Commissioner Dunn Calls for Streamlining Commission Processes to Aid Small Business and Arizona Workers

Phoenix—Arizona Corporation Commissioner Boyd Dunn issued a letter today asking for the Commission to expedite its processes to allow small businesses to take advantage of the federal Paycheck Protection Program.

“I am committed to helping small businesses survive this pandemic. This Program will make sure many Arizonans continue to get a paycheck during the crisis. Applying for the Program requires documentation from our Corporations Division and, in some cases, Commission approval. I want Arizona businesses to have the best chance to take advantage of this opportunity. I believe we can streamline our system to help small businesses and save Arizona jobs,” said Commissioner Dunn.

The Paycheck Protection Program will grant up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. The loans will be forgiven if they are used to cover payroll costs, mortgage interest, rent, and utility costs. In many cases, this loan will mean the difference between survival and closure for many Arizona businesses.

View Commissioner Boyd Dunn’s Letter here.

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About Commissioner Boyd Dunn:

Boyd Dunn was elected to the Arizona Corporation Commission in November 2016. A retired Superior Court Judge, former Chandler Mayor and former Assistant Attorney General, Commissioner Dunn has a long history of serving the public. He leads the Commission's current effort to build an elaborate Code of Ethics for its members. The Arizona Corporation Commission was established by the state’s constitution to regulate public utilities and business incorporation. The Corporation Commission is Arizona’s co-equal, fourth branch of government. The five Commissioners elected to the Corporation Commission oversee executive, legislative, and judicial proceedings on behalf of Arizonans when it comes to their water, electricity, telephone, and natural gas resources as well as the regulation of securities, pipeline, and railroad safety. To learn more about the Arizona Corporation Commission and its Commissioners, visit http://azcc.gov.