New SBA Loan Program for Manufacturers
The SBA launched MARC loans, which is a loan program dedicated to manufacturers in the U.S. that are small businesses. The program is a subset of the 7(a)-loan program; it's meant to provide working capital for small businesses (NAICSX codes 31-33). The loans can be structured as a term loan or revolving credit.
This document is designed for general information only. The information presented in this document should not be construed to be formal legal or tax advice nor the formation of a lawyer/client relationship.
For more information on this and other topics, please contact Kevin via any of the channels listed below:
📧 kevin@kmckernan.com | 📞 718-317-5007