Thursday, March 28, 2024
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Tags SBA ARC loans

Tag: SBA ARC loans

New SBA loans can make Black businesses bloom

"We should own and operate and control the economy of our community," said Malcolm X. To make that happen, businesses in the hood should grab the new ARC loans: no-interest loans with no payments due for a year, offered beginning June 15 by the U.S. Small Business Administration, revitalized by President Obama. Merchants and residents who hire and trade with each other build peace and prosperity in the hood.