Webinar Replay: Main Street Lending Program: Is It Right For You – Opportunities, Terms an Eligibility

This webinar discussed the $600 billion Main Street Lending Program that offers loans to small to mid-sized businesses with fewer than 15,000 employees. Our specialists explored the program’s opportunities and details, including loan options and features, borrower eligibility criteria, key terms and conditions.

Topics discussed:

  • Introduction to the various loan programs  the Main Street New Loan Facility, Main Street Priority Loan Facility and Main Street Expanded Loan Facility
  • Borrower eligibility criteria and requirements, including credit quality
  • Loan terms and conditions
  • Impact on borrower’s existing capital structure
  • Restrictions on borrower employee compensation, distributions and use of proceeds
  • Application process, information and document request
  • Update on  Economic Injury Disaster Loans (EIDL)
  • Status of the Nonprofit Organization New Loan Facility and the Nonprofit Organization Expanded Loan Facility

Featured Speakers and Hosts:
Marc Rinaldi, CPA, Partner, Financial Services Industry Practice Leader
Emily Berger, CFA, Director, Financial Services
Eric Gelb, CPA, Director, Financial Services

Recording here