ARC Loan Program

2009 Recovery Act

Applying for an ARC Loan

ARC Loans are provided by commercial lenders and guaranteed by the SBA.  Your next step is to contact your lender who will help you determine if you are a candidate for an ARC Loan.  Questions they may ask include the following:

  • Does your small business have an established banking relationship?
  • Has your small business been in operation for a minimum of two years?
  • Do you have financial statements (balance sheet, income statement, and cash flow statement) which demonstrate your business had a positive cash flow in one of the past two years (or as long as your business has been operating, if less than two years)? 
  • Does your cash flow projection for the next two years indicate sufficient cash flow to meet your current and future loan payments?
  • Is your business suffering an immediate financial hardship?  For example:
  • Declining sales and revenues;
  • Difficulty in making loan payments on existing debt;
  • Difficulty in paying employees;
  • Difficulty in purchasing materials, supplies, or inventory; and/or
  • Difficulty in paying rent and/or other operating expenses.


DUNS Number Instructions: Small Businesses should use the attached instructions to verify or obtain a Dun & Bradstreet DUNS Number to complete an ARC Loan application.

 

About the ARC Loan Program

ARC Loan Eligibility

Applying for an ARC Loan

Learn How SBA Can Help

 

 

Recovery.gov