Posted on 03 September 2009
Tags: applicant, applicants, ARC loans, community, Data Universal Numbering System, funding, lender, lenders, Loans, News, program, repayment, SBA, Small Business Administration’s Recovery Act
Although there have been news reports about applicants being unsuccessful in getting Small Business Administration’s Recovery Act program loans, the number of participating lenders and loans is rising, according to a program representative.
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It is possible to get up to $35,000 under the SBA’s America’s Recovery Capital Loan Program. This loan is granted to help small businesses facing immediate financial hardship. It is said that some SBA lenders will offer ARC loans as long as funding is available or until Sept. 30, 2010, whichever comes first.
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Posted on 06 August 2009
Tags: businesses, disaster areas across Indiana, disaster loans, economic injury disaster loans, farm-related small business, financial losses, latest news about loans, Loans, loans news, most private organizations, non-farm-related small business concerns, non-profit organizations, SBA, SBA Disaster Loans, SBA’s disaster declaration, SBA’s Economic Injury Disaster Loan program, small agricultural cooperatives, Small Business
The businesses have been reminded by The U.S. Small Business Administration (SBA) that Aug. 31 is the filing deadline for federal economic injury disaster loans in counties that has been declared as disaster areas across Indiana.
The SBA’s disaster declaration includes thirty-two Indiana counties, including Randolph County. Under this declaration, the SBA’s Economic Injury Disaster Loan program is available to farm-related small business and
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