Jul 28, 2020 | Firm Overview Articles, Business & Corporate Law News, Nonprofit & Charitable Organizations Law News
The Federal Reserve has released Frequently Asked Questions (FAQs) on the Main Street Lending Program’s expansion to support greater access for nonprofit organizations. Key highlights include: Main Street loans are not forgivable but may be reduced in the event...
Jul 20, 2020 | Firm Overview Articles, Nonprofit & Charitable Organizations Law News
On Friday, the Federal Reserve announced two new loan options under the Main Street Lending Program. The options make loans available to accommodate a wider range of nonprofit organizations that are ineligible for Paycheck Protection Program loans. The minimum...
