More than 99 percent of Arizona's businesses are considered small with more than 40 percent of Arizona employees working for small businesses, according to the U.S. Small Business Administration.
A study by Civic Economics found that when $100 is spent at a locally-owned business, that business puts $47 back into the local economy while the total is just $13 for non-local businesses.
Licenses issued by Arizona Department of Financial Institutions during Q2
| License Holder | License Type | Issued Date | License Number |
|---|---|---|---|
| JPay, LLC, Nogales, AZ Branch | Money Transmitter | 2020-05-14 | MT-BR-1008708 |