Arizona Gov. Katie Hobbs [D] made two stops in Clarkdale on Thursday, Aug. 8, to announce the creation of a new $5 million Arizona microbusiness loan program, approved last year by the Arizona Legislature to provide low-interest loans of up to $50,000 to Arizona-based businesses that employ five or fewer employees.
“We got this investment in last year’s budget, and we are excited for the ways it can help small businesses across the state,” Hobbs said to Sedona Red Rock News following the Rural Policy Forum at the Clark Memorial Clubhouse with local government officials and business owners. “We talk about huge investments that are coming with these big companies, but really, small businesses are the backbone of our economy, and need to …
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