As the country struggled with the initial stages of a global pandemic, Congress responded with a sweeping and unprecedented stimulus package, the CARES Act. Two components of the CARES Act - the Paycheck Protection Program ("PPP") and the Main Street Lending Program - directly impacted banks and lenders of all sizes in many ways.
This program, presented by the Carolinas-Virginias Chapter of the RMA, looks to explore each product's relative successes and challenges and offer some insight from the bankers and policy makers directly on the frontline.
