https://www.nytimes.com/2020/04/17/business/economy/coronavirus-federal-reserve-midsize-business.html?action=click&module=Spotlight&pgtype=Homepage
The Mainstreet Loan Program for businesses with 500-10,000 employees is not yet operating. The Fed allocated $75 billion of the $454 billion in Treasury Dept. Funds to guarantee loans under that program. The loans are not forgivable.
Charlie Cooper
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