ACEC Advocacy SVP Steve Hall Provides PPP, Main Street Lending Update

ACEC News / Coronavirus

May 5, 2020

ACEC Advocacy SVP Steve Hall Provides PPP, Main Street Lending Update

By Steve Hall

I wanted to pass along recently released information on the PPP program and other assistance programs.   

• Updated FAQ guidance for the PPP program — Frequently Asked Questions (updated 5/3).  Note that we are still awaiting additional guidance from SBA on loan forgiveness and will forward that to you as soon as its released.
• Summary information on the second round of PPP loans — PPP Report: Second Round. 

The U.S. Department of the Treasury and the Federal Reserve Board have also released additional guidance regarding the Main Street Lending Program, which was created to assist larger firms:

• Federal Reserve Board Announces it is Expanding the Scope and Eligibility for the Main Street Lending Program
• Main Street Lending Program Frequently Asked Questions

Let me know if you have any questions or if we can assist you in any way.

Steve Hall is ACEC Senior Vice President for Advocacy.

 

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