Business Resources

Federal

  • SBA has implemented automatic deferment on existing SBA disaster loans through the end of 2020.
  • Contact the SBA's Arkansas office by calling 501-324-7379.

State

In an effort to help Arkansas businesses as they prepare to transition back towards normal operating capacity, the Ready for Business Grant Program is designed to provide grants from $1,000 to $100,000, depending on the number of employees, to assist with COVID-19-related expenses, such as personal protective equipment (PPE), deep cleaning, signage, hand sanitizer dispensers, marketing and more.

Learn more

  • 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. Click here for a list of Arkansas lenders participating in the guaranty program.
  • 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 primary use of the funds from the Attorney General will be to support small businesses with job retention.
  • The program includes both loan guarantees and direct lending to businesses.
  • For questions about how AEDC can assist your business during this time, contact us by email or phone:
  • 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:

Suppliers

If you have an interest in providing products and services to the state, please contact Steve Sparks at Arkansas Economic Development Commission: [email protected]