Tag: economic relief

Dallas City Skyline
Main Street Lending Program Opening, Terms for Nonprofits Released

The Federal Reserve Bank of Boston announced that the Main Street Lending Program is OPEN…

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Main Street Lending Program
Expansion of the Main Street Lending Program

The Federal Reserve released revised term sheets for its Main Street Lending Program (MSLP), ahead…

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Signing Document
Changes Coming to PPP Loan Periods & Forgiveness

A new PPP bill is expected to pass that will extend covered periods and forgiveness…

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Business Landscape
New ‘Main Street’ Loan Instructions Set Stage for Program’s Opening

The Federal Reserve Bank of Boston released updated guidance on the Main Street Lending Program…

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CARES Act Deductions for PPP Expenditures
IRS Clarifies Tax Deduction Eligibility for PPP Expenditures

IRS issued guidance regarding the deductibility for federal income tax purposes of certain otherwise deductible…

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Federal Relief Programs for Businesses
Summary of Federal Relief Available to Businesses of All Sizes

Federal relief available to small, mid-size and large businesses due to COVID-19, including the CARES…

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Main Street Lending Program
New Federal Reserve Guidance for the Main Street Lending Program

The Federal Reserve has issued further guidance and eligibility requirements surrounding its Main Street Lending…

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Main Street Lending Program for Economic Relief
Federal Reserve Announces Main Street Business Lending Program

The Federal Reserve announced additional actions it will take to provide up to $2.3 trillion in loans…

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