Main Street Lending Program Updates
The Federal Reserve Board on Thursday April 30th announced it is expanding the scope and eligibility for the Main Street Lending Program. As part of its broad effort to support the economy, the Federal Reserve developed the Main Street Lending Program to help credit flow to small and medium-sized businesses that were in sound financial condition before the pandemic.
The Fed has created policy tools and has updated their Main Street Terms Sheets and FAQs . Significantly, the new FAQ makes clear that Nonprofits are not eligible for the Main Street Loan Program. The Fed has, however, announced it is evaluating a separate approach tailored directly to nonprofits so stay tuned.
Industry United WebinarsJanuary 07, 2021The Tennis Industry United Webinars feature a variety of experts offering practical advice and important insights on managing your business, providing for your people, and dealing with the many challenges faced by the industry during the COVID-19 pandemic. Read More
Guidelines for safe playNovember 23, 2020The USTA believes it will be possible for people to return to playing tennis safely in some cities and states sooner than others. Here are guidelines to follow for both players and facilities. Read More
Supporting college tennisOctober 16, 2020While working to promote tennis as a safe social-distancing sport, the Intercollegiate Tennis Association (ITA) continues to fight the good fight and live the life lessons that sports teach, including hard work and perseverance. Read More