Main Street Lending Program for Midsize Companies and PPP Update

Description

Join the US Department of Commerce, The Small Business Administration, The US Department of Treasury and Federal Reserve for an update on the new Main Street Lending Program that will provide liquidity to eligible USA businesses with up to 15,000 employees and revenues of $5 billion or less.  The Program will support lending to small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic.  Using eligible lenders, this CARES Act program offers several types of 4-year term loans ranging in size from $500,000 to $200 million.   Speakers from SBA will also give a PPP update.  Registration is free.