The SBA is now accepting applications for a new loan program. If your small business is in need of short-term relief this loan may be just what will help. It is the America's Recovery Capital Loan Program (ARC). The best candidates are small businesses that in the past were profitable but are currently struggling because of the economy.
Act quickly! There is a limited amount of funding. Make a call to your current bank or lender. For additional details go to www.sba.gov and click on Arc Loan Program. You can also call Lori Fedo at the Hibbing Chamber.