9 min
The Main Street Lending Program The Core Business Show
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- Business
The Main Street Lending Program
As businesses race to apply for government-backed Covid-19-relief loans as part of the $2 trillion stimulus package, many business owners--those 200,000 or so who run midsize companies--are eagerly waiting for details on the lending program in the works specifically for them. The Main Street Lending Program in a nutshell. While the Federal Reserve has already outlined a number of programs at which it will deploy $454 billion in resources, it has not yet released details about the Main Street Lending Program, which will be aimed at firms with between 500 and 10,000 employees and $10 million to $2 billion in revenue. The Core Business Show with Tim Jacquet is sponsored by Apple Capital Group and Apple Community Development Corporation.
The Main Street Lending Program
As businesses race to apply for government-backed Covid-19-relief loans as part of the $2 trillion stimulus package, many business owners--those 200,000 or so who run midsize companies--are eagerly waiting for details on the lending program in the works specifically for them. The Main Street Lending Program in a nutshell. While the Federal Reserve has already outlined a number of programs at which it will deploy $454 billion in resources, it has not yet released details about the Main Street Lending Program, which will be aimed at firms with between 500 and 10,000 employees and $10 million to $2 billion in revenue. The Core Business Show with Tim Jacquet is sponsored by Apple Capital Group and Apple Community Development Corporation.
9 min