Sarah Huckabee Sanders and her husband, Bryan Sanders, are launching a new nonprofit – Arkansas 30 Day Fund – to help struggling state businesses bridge a financial gap while waiting on assistance to work through the red tape of government relief programs.
The fund, modeled off a similar nonprofit in Virginia, would provide small forgivable loans to Arkansas-based small businesses with three to 30 employees. Eligible businesses must be in operation for more than one year and owned by Arkansans.
Huckabee Sanders tells Talk Business & Politics that forgivable loans of up to $3,000 will be offered to help with payroll, healthcare, or other short-term needs due to federal programs being backlogged with requests. The goal is to help preserve jobs in the short-run while waiting for applications to clear the red tape of federal funding.
Applications will be filled out through an online portal and financial assistance is hoped to be provided within three days. The site – Arkansas30DayFund.com – will begin receiving applications on Monday.
Huckabee Sanders, the daughter of former Gov. Mike Huckabee and the former White House Press Secretary to President Donald Trump, has moved back to Arkansas and has expressed interest in a political future but has made no commitments.
Huckabee Sanders was a guest on this week’s edition of Talk Business & Politics. You can watch her full interview below.