Former White House Press Secretary Sarah Huckabee Sanders and her husband, Bryan Sanders, have launched the nonprofit Arkansas 30 Day Fund to provide forgivable loans to struggling Arkansas-based small businesses.
The money is intended to provide immediate financial assistance to meet payroll, preserve health care coverage for employees and save jobs, according to a news release.
In addition, businesses that receive the loans and, at a later date, want to help other Arkansas small businesses in need of assistance, can pay the loans back to the fund.
Qualification include that the businesses must employ three to 30 people; be based in Arkansas and have been operating for at least one year; and be owned and operated by an Arkansas resident.
"My husband and I have been looking for ways to help people during this crisis and we are encouraged by the tremendous response we have received from Arkansans who want to partner with us in this effort," Huckabee Sanders said in the release. "The Arkansas 30 Day Fund is nonpartisan, and we hope to work with people who may not agree with us on anything other than helping people in our community in need. It’s about Arkansans helping Arkansans, standing together in a time of crisis, and saving jobs."