WASHINGTON, D.C.-The Small Business Administration's (SBA) American Recovery Capital Loan (ARC) program offers deferred-payment loans of up to $35,000 to viable small companies experiencing immediate financial hardship. The best candidates for ARC loans are small businesses that in the past were profitable but are currently struggling, yet have been making loan payments or are just beginning to miss loan payments due to financial hardship.

The ARC program was launched in June and will run through September 30, 2010, or as long as funding is available, whichever comes first.

  • SBA Participant Lender Fact Sheet

  • About the ARC Loan Program

  • ARC Loan Eligibility

  • Applying for an ARC Loan

  • Learn How SBA Can Help

    Since June 15, lenders across the country have provided millions of dollars in capital to small businesses through the America’s Recovery Capital (ARC) loan program. Created under the Recovery Act, the temporary ARC program offers interest-free loans to viable small businesses, which carry a 100% guaranty from the SBA to the lender and require no fees paid to SBA. Loan proceeds are provided during a six-month period and repayment of the ARC loan principal is deferred for 12 months after the last disbursement of the proceeds. Repayment can extend up to five years.

    The ARC loan program is open to any SBA-approved lender. Non-SBA lenders can easily become SBA participants by working with their nearest SBA district office. Businesses interested in applying for an ARC loan should first contact their current lender.

    List of lenders who have made ARC loans to date

    For more information, call (866) 947-8081.