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Relief for Middle Market Companies: New Details on the Main Street Lending Program

On April 9, 2020, the Federal Reserve announced its Main Street Lending Program (MSLP), which in its initial form consisted of two facilities through which the Federal Reserve would purchase participations in loans that met...more

Keeping Track: Summary Chart of COVID-19 Federal Benefits and Programs for Businesses

In the past six weeks Congress has passed hundreds of pages of legislation aimed at assisting businesses through the COVID-19 pandemic. It can be difficult to keep track of all of the programs and the dizzying array of new...more

COVID-19 Relief for Middle Market Companies: The Federal Reserve's Main Street Lending Program under the CARES Act

With lending now underway under the well-known Paycheck Protection Program (PPP) established under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) aimed at providing COVID-19 relief to small and medium...more

Applying SBA's Affiliation Rules and Guidance to Private Equity and Venture Capital Portfolio Companies Seeking PPP Loans

By now, businesses are deep into consideration of whether they should seek a loan under the Paycheck Protection Program (PPP), being administered by the Small Business Administration (SBA) under the Coronavirus Aid, Relief,...more

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