000 employees or fewer or have had annual revenue in 2019 of less than $5 billion.

Main Street Lending Program “The Main Street Lending Program is a program announced on April 9, 2020, in which the Federal Reserve will purchase loans that banks give to small and mid-sized businesses. The Fed will purchase 95% of each loan. This means that the bank must keep 5% of […]

Main Street Lending Program

 in life  tagged 000 employees or fewer or have had annual revenue in 2019 of less than $5 billion. / 2020 / a business must: / EIDL / EIDL Grant / Have been established before March 13 / How programs provided direct relief to small businesses / Main Street Lending Program / Must have 15 / Payroll Protection Program / PPP / To be eligible / What is the main street lending program by