The GT COVID-19 Economic Stimulus Task Force hosted a webinar titled "What You Need to Know About the Main Street Lending Program" on Friday, June 12 at 2:00 p.m. ET. The Federal Reserve has been working hard to develop thorough guidelines and procedures for the launch of the three-pronged Main Street Lending Program, created under Title IV of the CARES Act.
Access the webinar materials to gain key insights and guidance when pursuing available funding, including:
- Which Businesses are Eligible
- What Financial Criteria Must be Satisfied
- Loan Covenants and Certifications
- Limitations on Use of Proceeds
- Interplay Between PPP, EIDL and MSLP
- Most Recent Expansion of MSLP
Materials:
Presenters:
- Barbara A. Jones, Shareholder, Los Angeles (Moderator)
- Lee Ann Anderson, Shareholder, Washington, DC and New York
- Carl A. Fornaris, Shareholder, Miami and Washington, DC
- Richard C. Kim, Shareholder, New York