Join the Boise Metro Chamber as we discussed the new federal loan program for businesses impacted by COVID-19. The Main Street Lending Program is specifically for businesses that were in good financial shape prior to the pandemic and is designed to help those impacted effectively bridge the gap as our economy returns to prosperity. Our panel of experts discussed the details of this loan program managed by the Federal Reserve. Our goal is to help businesses understand the opportunities available and discuss the process by which an owner must know to apply. The Small Business Advisory Committee Presents - Facebook Live Main Street Lending Seminar The Federal Reserve has been tasked with setting up a Main Street Lending Program (Program) to support small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic. This program is the result of the CAREs Act, and has been available to qualifying businesses in the summer of 2020. This seminar discusses the program and the challenges they've faced as Idaho's businesses reopen. Join Scott Learned, Chair of the Small Business Advisory Committee Diane Bevan - Executive Director of the Women's Business Center Jeff Newgard - CEO of the Bank of Idaho Thank You to Our Sponsors
1 Comment
5/2/2023 01:01:43 am
This was an informative post about the Main Street Lending Program. It's great to see that the government is taking steps to support small businesses during these challenging times. The breakdown of the loan terms and eligibility requirements made it easier to understand the program's benefits. Thanks for sharing this valuable information!
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