On April 30, 2020, the Federal Reserve announced a significant expansion of the Main Street Lending Program (MSLP) and released guidance related to specific provisions of each Main Street facility. ...more
On April 9, 2020, the Federal Reserve, in conjunction with the Treasury Department, announced additional actions to support small and mid-sized businesses through an expansion of the Main Street Lending Program....more
Late on April 6, and during the day on April 8, 2020, the Small Business Administration (SBA), in consultation with the Department of Treasury, issued Frequently Asked Questions (FAQs) on the Paycheck Protection Program (PPP)...more
The Coronavirus Aid, Relief and Economic Security (CARES) Act created a new Paycheck Protection Program designed to encourage employers to retain employment and compensation levels. ...more
4/1/2020
/ Business Interruption ,
CARES Act ,
Coronavirus/COVID-19 ,
Economic Injury Disaster Loans ,
Employee Retention ,
Federal Loans ,
Financial Stimulus ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Relief Measures ,
SBA ,
SBA Lending Programs ,
Small Business ,
Tax Relief