KJZZ is a service of Rio Salado College,
and Maricopa Community Colleges

Copyright © 2024 KJZZ/Rio Salado College/MCCCD
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Arizona launches Microbusiness Loan Program

Katie Hobbs
Gage Skidmore/CC BY 2.0
Katie Hobbs

Gov. Katie Hobbs announced Thursday the state has launched the Arizona Microbusiness Loan Program.

The program established by the Legislature last year sets aside $5 million dollars in loan funding accessible to businesses with five or fewer employees. Each borrower could receive up to $50,000 in loans.

Partners with the program provide lending education. The funds are available statewide, including in tribal communities.

More business news from KJZZ

Tags
Greg Hahne started as a news intern at KJZZ in 2020 and returned as a field correspondent in 2021. He learned his love for radio by joining Arizona State University's Blaze Radio, where he worked on the production team.