Main Street

The three million businesses that line the main streets and side streets of the local economies. These businesses are diverse and include retail shops, small grocery stores, personal services such as hair and nail salons and spas, hardware stores, local contractors, restaurants, trade services such as plumbers and electricians, and small manufacturers and wholesalers. The health of these businesses is directly related to the health of the local economies in which they operate, which is why their success is vital to the communities they serve.

Fed Turns To Banks For Feedback On Main Street Lending Program
Fed Turns To Banks For Feedback On Main Street Lending Program
April 28, 2020  |  Loans

The Federal Reserve is nearly ready to debut its new Main Street lending program, and it is reaching out to banks for advice, according to...

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Visa’s Jack Forestell On Helping SMBs Fast Track Into The Digital Age
Visa’s Jack Forestell On Helping SMBs Fast Track Into The Digital Age
April 28, 2020  |  Payment Methods

After many weeks and months of social distancing, the world is now actively and audibly wondering when the economic recovery will begin. Visa’s Executive Vice...

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New Data: Separating The PPP Haves, Have Nots and Don’t Wants
New Data: Separating The PPP Haves, Have Nots and Don’t Wants
April 27, 2020  |  SMBs

When the Paycheck Protection Program (PPP) debuted earlier this month, it was heralded by some observers as a lifeline for small businesses that power Main...

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Saving Main Street: Fairfax County, VA Kicks Into Gear
Saving Main Street: Fairfax County, VA Kicks Into Gear
April 24, 2020  |  Retail

Main Street may not be able to save itself in the aftermath of the COVID-19 crisis. Several small to mid-sized towns and cities were already...

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Main Street ‘Cash Chasm’ Too Deep For Many SMBs
Main Street ‘Cash Chasm’ Too Deep For Many SMBs
April 21, 2020  |  Economy

It’s been two weeks since the Payroll Protection Program (PPP) began accepting applications for emergency aid, and as of April 16, the Small Business Administration’s...

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Main Street USA: 58 Percent Of Main Street SMB Retailers Say They May Not Survive The Pandemic
Main Street USA: 58 Percent Of Main Street SMB Retailers Say They May Not Survive...
April 16, 2020  |  Economy

The Paycheck Protection Program (PPP) began accepting applications on April 3. Lawmakers and business leaders alike have high hopes for the program, believing it will...

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Can Main Street SMBs Cross The PPP Cash Chasm?
Can Main Street SMBs Cross The PPP Cash Chasm?
April 13, 2020  |  Economy

Friday, April 3 was the day everyone expected would bring a sigh of relief — and offer much-needed hope — to the 30 million SMBs...

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Saving Main Street: Cities Pick Up The Recovery Role
Saving Main Street: Cities Pick Up The Recovery Role
April 10, 2020  |  Retail

Cities are starting to supplement the federal government in an effort to save Main Street businesses from the destructive economic effects of the COVID-19 pandemic....

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Fed Bets Trillions In SMB Lending That Consumers Will Return
Fed Bets Trillions In SMB Lending That Consumers Will Return
April 10, 2020  |  Loans

A quick recovery may be in the cards. But so might a “false start.” Thursday morning, the U.S. Federal Reserve said that it had launched...

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