Request Line: (870) 277-1080 [email protected]
Text Your Gift to KLEK1 to 44-321 LEARN MORE

Your Community Radio Station is possible thanks to this supporter!  Become an underwriter.

Arkansas Lawmakers Ask Small Business Administration to Maintain Vital Program for Family Poultry Farms

Written by Press Release

November 20, 2018

WASHINGTON – U.S. Senators John Boozman and Tom Cotton along with U.S. Representatives Rick Crawford, French Hill, Steve Womack and Bruce Westerman pressed the U.S. Small Business Administration (SBA) to reverse a proposed rule that would harm Arkansas poultry farmers’ ability to access vital funding for their operations.

The delegation sent a letter to SBA Administrator Linda McMahon urging the agency to revise the proposed rule, which if implemented would impose unworkable eligibility requirements on poultry farmers who rely on SBA’s 7(a) loan program. The 7(a) program provides loan guarantees to assist small businesses in obtaining credit.

“Poultry is the largest segment of Arkansas’s agricultural industry, creating and supporting over 150,000 jobs including thousands of family farms. Access to capital is one of the most significant barriers to entry for farming, which is why Congress specifically included agriculture in the SBA’s mandate. This proposed rule would jeopardize the livelihood of thousands of small family farms and small businesses across Arkansas,” the lawmakers wrote.

To view the full text of the letter sent to the Small Business Administrator, click here.

Original article source: https://www.boozman.senate.gov/public/index.cfm/2018/11/arkansas-lawmakers-ask-small-business-administration-to-maintain-vital-program-for-family-poultry-farms | Article may or may not reflect the views of KLEK 102.5 FM or The Voice of Arkansas Minority Advocacy Council

0 0 votes
Article Rating

Related Articles

In Case You Missed It: Senator Boozman in Northeast Arkansas for May In-State Work Period

During the In-State Work Period in early May, I traveled to Northeast Arkansas for a series of visits in communities from Jonesboro to Paragould, Pocahontas, Walnut Ridge, Piggott, Corning, Harrisburg, Read more

Time to Modernize Telehealth Policy

Even before the COVID-19 pandemic, Congress and the Centers for Medicare and Medicaid Services launched policy improvements to remove barriers to some telehealth services. The public health emergency has made Read more

Boozman, Kaine, Tillis Push Bill Supporting Military Families

WASHINGTON – Today, on Military Spouse Appreciation Day, U.S. Senators John Boozman (R-AR) and Tim Kaine (D-VA) announced the reintroduction of the Jobs and Childcare for Military Families Act to address military Read more

Log Cabin Democrat: Boozman visits Vilonia campuses to honor teachers

Arkansas’ U.S. Sen. John Boozman visited Vilonia School District’s high school and freshman academy on Wednesday, touring its facilities and presenting district leadership and staff with copies of the proclamation Read more

Comments

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Your Community Radio Station is possible thanks to this supporter!  Become an underwriter.

Pin It on Pinterest