As part of the CARES Act, the Federal Reserve Board has implemented several loan programs aimed at stabilizing the economy. AMT hosted a webinar discussing one of these programs, the Main Street Lending Program. This program provides 4-year loans at low rates to small- and medium-sized businesses.
AMT CFO Rebecca Stahl moderated this discussion with panelists Jack Lavoie and Michelle Garcia Schulman, Partners, Cooley LLP, and Kathleen Sifer, Managing Director, Grant Thornton Public Sector LLC. During this webinar attendees learned:
How this affects AMT members
How much money you can borrow
Important loan terms
How to prepare and when to apply