North Little Rock to offer COVID-19 Small Business Economic Support Fund

North Little Rock Mayor Smith and the North Little Rock Small Business Council have launched a new COVID-19 Small Business Economic Support Fund funded by the Department of Housing and Urban Development’s Community Development Block Grant – Coronavirus (CDBG-CV) Program. These are forgivable loans with 0% interest up to $10,000 that may be used for payroll, rent and utilities. Minority-owned, women-owned, and veteran-owned businesses will receive top priority. One note that may be helpful: though the number of employees must be 20 or less, we have been told by the City that two part-time employees may be counted as one employee.

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