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Disaster Resource:

Main Street Lending Program Priority Loan Facility

WhyWhatBenefitsMore InformationHow to file

If your small business is in need of a new loan

The maximum size of a loan made in the Eligible Borrower’s existing outstanding and undrawn available debt, exceed six times the Eligible Borrower’s adjusted 2019 EBITDA

This loan is for 4 years with the 1st year deferred. It has a 15% risk retention and a LIBOR rate of +3%. The loan is non-forgivable and must be repaid 15% in the 2nd year, 15% in the 3rd year, and 70% in the 4th year

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