Loan program for small businesses opens

Press Release

LITTLE ROCK – In an effort to save as many Arkansas jobs as possible during the COVID-19 crisis, Sarah Huckabee Sanders and her husband, Bryan Sanders, launched the non-profit Arkansas 30 Day Fund to provide forgivable loans to struggling Arkansas-based small businesses.

The funds disbursed to small businesses by the Arkansas 30 Day Fund are in- tended to provide immediate financial assistance to meet payroll, preserve healthcare coverage for employees, and save jobs.

The application process is quick, easy, and free of red tape. The loans do not need to be repaid. If businesses who receive the Fund’s assistance do, at a later date, wish to “pay it forward” to another Arkansas small business in need of assistance, they may do so by directing those dollars back to the Fund.

The Fund will then dis- burse that funding to an- other business in need.

Arkansas businesses that qualify for assistance are:

• Small businesses that employ three to 30 people;

• Based in Arkansas and have been operating for at least one year;

• Owned and operated by an Arkansas resident.

The fund is accepting applications for forgivable loans at: https://www.Ar-

“Our goal is to bridge that gap and help Arkansas small businesses save jobs now,” Sanders said.