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American Recovery and Reinvestment Act: America's Recovery Capital (Business Stabilization) Loan Program

SBA · final-rule · Published 2009-06-09 · Effective 2009-06-09 · 74 FR 27243

Document

Document number
E9-13480
Federal Register citation
74 FR 27243
CFR reference
13 CFR 120
Type
Rule
Action
Interim final rule with request for comments.
Category
final-rule
Agency
US Small Business Administration
Publication date
2009-06-09
Effective date
2009-06-09

Abstract

This interim final rule implements section 506 of the American Recovery and Reinvestment Act of 2009, which authorizes SBA to establish a temporary program to guarantee loans to viable small business concerns that have a qualifying small business loan, and are experiencing immediate financial hardship. Loans made under this program, referred to as "America's Recovery Capital Loan Program" (ARC Loan Program) can be used to make principal and interest payments on existing qualifying small business loans.

Source

Authoritative
Federal Register document
Machine
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