The U.S. Department of Commerce has invited MTAC members to participate on a conference call to learn about the US Treasury’s Main Street Lending Program. The call is on Monday, Sept. 21 at 2 p.m. ET. See information below on how to register for the call, so you can determine if your business is eligible for the program.
CARE Act Main Street Lending Program
US Government COVID Funding For the Trucking, Transport, Logistics and Warehousing Sector Companies
Critical New Information on Paycheck Protection Program (PPP)
Monday, Sept. 21 at 2 p.m. ET
Join the US Department of Commerce, the Federal Reserve, and the Small Business Administration (SBA) for an update on the new Main Street Lending Program. This program will provide credit support to eligible small and medium-sized businesses that are integral to the U.S. economy and create jobs for a large share of the U.S. workforce, particularly in the trucking, transport, logistics and warehousing sector companies.
Using established lenders, Main Street will offer several types of five year term loans supported by the Federal Reserve and the Treasury Department, ranging in size from $250,000 to $300 million. In addition, the SBA will give an update on the PPP.
Registration is free. You must register to join the call.