Policy News – June 19, 2020

Earlier this week, the Federal Reserve Board rolled out the Main Street Lending Program, a $75 billion program that targets small and medium-sized businesses impacted by the economic downturn of COVID-19. The Program will operate through three facilities: the Main...

Policy News – June 5, 2020

Wednesday, the Senate passed H.R.7010 the Paycheck Protection Program Flexibility Act (PPPFA) of 2020. The provisions in the PPPFA are set to have a major impact on loan forgiveness. Among the key provisions, is a change in the threshold for the amount of PPP funds...

Industry News – June 5, 2020

Bench to Host Webinar on PPP Loan Forgiveness  As the June 30 deadline for PPP applications approaches, Bench will host a webinar on how PPP loans work and how businesses can benefit. One of the key highlights of the webinar is loan forgiveness eligibility. The...