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.

LEARN MORE

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 Webinars
July 22, 2021

The 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
Cardio Tennis 101
July 06, 2021

The pandemic has changed our world in so many ways—and tennis has benefited with an influx of new players. Now, it’s up to as an industry to retain those new players and continue to attract new ones. One of the best programming options you can use to meet this need is Cardio Tennis. Read More
2021 NCAA Championships
June 04, 2021

After a challenging year for all of us in the tennis industry, college athletics and the sports industry as a whole, the 2021 NCAA Championships showcased incredible student-athletes competing at the highest level on the biggest stage. Read More

Sign up for our Newsletter

Sign-up

Please complete your account creation

Main Street Lending Program Updates

Have a question?

Related Posts