SBA ARC Loan Program

Touching Bases: Emergency loans ok'd for small business
July 14, 2008 - 10:56am

Small businesses, including FBOs and general aviation airports, still struggling to secure emergency operating funds may find relief from $4.5 billion in new lending authority approved by Congress and signed by President Bush. The cash infusion will enable the Small Business Administration to make 19,000 new emergency loans, according to Sen. Kit Bond (R-Mo.).