WASHINGTON– The government is providing to provide up to $600 billion to help small and midsize businesses weather the coronavirus-induced economic downturn, but so far interest has been sparse.
Under the Main Street Financing Program, industrial banks lend to companies and then offer all however a little part of each loan to the Federal Reserve.
source https://jobsearchtips.net/feds-600-billion-main-street-financing-program-sees-lukewarm-interest/
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