Governor addresses PPP loans' impact on Arkansas businesses
Today I’d like to talk about the federal Payroll Protection Plan or PPP, which has kept many Arkansas companies alive during the pandemic. Congress passed the CARES Act to help Americans navigate the pandemic. PPP was one of the programs Congress authorized to assist businesses with loans. The Small Business Administration (SBA) distributes the loans through local banks. Little Rock business owners such as Vikita Eason and Chris and Samantha Tanner say that without the loan program, they may not have survived. Vikita was able to pay the two employees of her boutique, and she assisted the th...
Source: ktlo.com