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As part of the CARES Act, the Federal Reserve Board has implemented several loan programs aimed at stabilizing the economy. ¾ÅÉ«ÊÓƵ hosted a webinar discussing one of these programs, the Main Street Lending Program. This program provides 4-year loans at low rates to small- and medium-sized businesses.
¾ÅÉ«ÊÓƵ CFO moderated this discussion with panelists and , Partners, Cooley LLP, and , Managing Director, Grant Thornton Public Sector LLC. During this webinar attendees learned:
How this affects ¾ÅÉ«ÊÓƵ members
Who’s eligible
How much money you can borrow
Loan forgiveness
Important loan terms
How to prepare and when to apply