MNN Submits Comments on the New Federal Mid-Sized Loan Program

On Wednesday, April 15, MNN submitted comments to the Federal Reserve urging the Treasury and the Fed to ensure that the forthcoming mid-size loan program authorized by the CARES Act extends both eligibility and desirable loan terms to the nonprofit sector.

To date, nonprofits with 500 employees or more have not been eligible for the Small Business Administration Loan Programs.

ReadĀ MNN’s commentsĀ here.