COVID-19 Resources for Businesses and Employers

The Arkansas Economic Development Commission is committed to helping businesses and employees combat the effects of COVID-19. On this page, we have compiled a list of programs and resources, and we will continue to update this list as additional resources become available.

For health and education updates, visit the Arkansas Department of Emergency Management website here

RESOURCES FOR BUSINESSES

Federal

UPDATE: Arkansas has been approved for Small Business Administration (SBA) Disaster Assistance. 

UPDATE: SBA has implemented automatic deferment on existing SBA disaster loans through the end of 2020.

Additional SBA Resources and Information:

Additional Federal Resources and Information:

State

Quick Action Loan Program

  • Quick Action Loan Program Summary
  • Allocation of $4,000,000 from the Governor's Quick Action Closing Fund, and an additional $3,000,000 from the Attorney General's Consumer Education and Enforcement Fund. 
  • Eligible companies may apply for a loan or loan guaranty of up to $250,000.
  • The Quick Action Closing Fund allocation will prioritize small to medium-sized companies that are in the supply chain of essential goods and services (including healthcare, food manufacturing, logistics).
  • The allocation from the Attorney General will support small businesses.
  • The program includes both loan guarantees and direct lending to businesses.

Community Development Block Grant (CDBG)

  • Up to $12 million in CDBG assistance will be made available for COVID19 relief and recovery. This money will be used to provide grants to eligible local governments with which to provide direct economic assistance in the form of loans to companies impacted by COVID19 and grants to clinics, hospitals and other non-profits who are working hard to provide care in rural Arkansas and to vulnerable populations such as the homeless. AEDC is undertaking necessary regulatory steps required by the federal government to implement this assistance. This page will be updated as more information becomes available.

For questions about how AEDC can assist your business during this time, contact us by email or phone:

Additional State Resources and Information:

Suppliers

If you have an interest in providing products and services to the state, please contact the Arkansas Department of Emergency Management: [email protected]

RESOURCES FOR EMPLOYEES

Unemployment Insurance

If you become separated from employment as a result of the COVID-19 pandemic, you may file an unemployment insurance claim through the Arkansas Division of Workforce Services (DWS). Download the Unemployment Insurance Overview.

Common Questions about Unemployment Insurance

Notice to Individuals Inquiring About the Availability of Unemployment Insurance Benefits

Contact information

  • Unemployment Insurance Hotline: 1-844-908-2178 or 501-534-6304 (Mon - Fri; 8:00 AM - 3:30 PM)
  • For questions & information: 1-855-225-4440 (Mon - Fri; 8:00 AM - 3:30 PM)
  • For questions & information, email: [email protected]