Question

Main Street Lending Program

Asked a question 9 months ago

Does the Main Street Lending apply to Non-Profits as well?

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Answered 9 months ago

Yes

Does a PPP loan count as 'outstanding debt' for the Main Street Lending Program?

What are all of the fees associated with the Main Street Lending Program?

Over what period of time is 'outstanding debt' considered for Main Street Lending Program? If I pay off my loans first, ... I have the free cash to do so)?

I don't have a good use for Main Street Lending (MSLP) funds now, but I can imaging in a year I may be in a situation ... will help me offset the 3% interest?

Is there any reason I can't prepay the Lender's debt BEFORE taking the MSLP? There is a clause in the MSLP priority ... more advantageous and less risky.

I am not a US resident but I run the US entity of a British staffing agency. As a non US citizen will I be able to apply ... have to let them go. Can you advise?