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Archive for May 19th, 2009

New SBA Loan Program for Small Businesses

Posted by: Molly on: May 19, 2009

The SBA recently announced that some small businesses suffering financially in the economic downturn may be eligible for a new loan program.  The SBA will begin guaranteeing the America’s Recovery Capital (ARC) loans on June 15. 
According to an SBA press release:
“ARC loans are deferred-payment loans of up to $35,000 available to established, viable, for-profit small businesses [...]

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