CARE Act Main Street Lending Program
US Government COVID Funding For The Construction, Design and Infrastructure Sector Companies
Critical New Information on PPP
Wednesday August 26, 2020 - 1:00pm CST
Join the US Department of Commerce, the Federal Reserve, and the Small Business Administration for an update on the new Main Street Lending Program. This program will provide credit support to eligible small and medium-sized businesses that are integral to the U.S. economy and create jobs for a large share of the U.S. workforce, particularly in the construction, design and infrastructure sectors.
Using established lenders, Main Street will offer several types of 5 year term loans supported by the Federal Reserve and the Treasury Department, ranging in size from $250,000 to $300 million. In addition, the SBA will give an update on the Paycheck Protection Program.