Main Street Lending Program
Mnuchin to Let Emergency Credit Programs Lapse
If the economy "really goes south," the Treasury Secretary "will go down in history as the man who took away a safety net when it was really needed.”
Main Street Program Gets First Nonprofit Borrower
The Sun Belt Conference's commissioner believes its $4.4 million loan from the Fed program is "really going to help us do what we need to do."
Banks Wary of Fed’s Main Street Loan Program
Loan officers cited the financial condition of borrowers and overly restrictive terms for not approving loans under the key pandemic relief plan.
Strings Attached: Guidelines for Seeking Coronavirus Relief Funds
Businesses should be prepared to go through a rigorous process, and in some cases should expect to give up ownership stakes.