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Since the SBA’s America’s Recovery Capital loan program debuted last summer, First U.S. Community Credit Union has been flooded with applications and the deluge has led to bigger loans for the Sacramento, Calif.-based cooperative.

Even so, the $231 million CU is treading cautiously having only funded 13 loans to date, said Gordon Gerwig, business services manager. Still, the $35,000 ARC loans have generated more business for the CU, which has a $750,000 loan in the pipeline to finance a firm’s building.

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