A new federal emergency lending program offers aid to small and midsize companies, including many that were excluded from the Paycheck Protection Program.
The House asks to restrict aid to companies with private capital backing, the SEC provides relief for small and midsize businesses, and a deadline for Volcker Rule comments is extended.
Eligibility criteria for the CARES Act’s Paycheck Protection Program could mean small and midsize companies owned by private equity will miss out on loans, putting millions of jobs at risk.
Large portions of the stimulus package are devoted to helping small and midsize companies, the HFSC sent a letter to the Treasury, and the SEC resumes committee meetings.
On the podcast, Graunke draws on his long business career to offer insight into navigating disruption, creating value and fostering community during a pandemic.