• The Federal Reserve has announced a $600 billion lending initiative designed for employers of up to 10,000 employees to ensure the easy flow of credit through the newly unveiled Main Street Lending program.  
• Businesses must be in good financial standing before the crisis, employ up to 10,000 workers or have revenues of less than $2.5 billion. 
• Principal and interest payments will be deferred for one year. 
• Firms seeking Main Street loans must commit to make reasonable efforts to maintain payroll and retain workers. 
• Firms that have taken advantage of the PPP may also take out Main Street loans.
• For more information, click here.

• The Covid-19 Telehealth Program will provide $200 million in funding, appropriated by Congress as part of the CARES Act, to help health care providers provide connected care services to patients at their homes or mobile locations in response to the Covid-19 pandemic.

• The portal for applications for this program will open on Monday, April 13th. 

• Additional information on the program and its application guidelines can be found here.

• Earlier this week we included an opportunity from GetEm Innovations in one of our updates to order face shields as a means of PPE. That company has recently been forced to increase the price of the face shields due to an increase in the price of plastic from their supplier. The new price is $8.00 per face shield but if you are still interested you can enter the code “Danbrown” at checkout and the price will be reduced to $4.35 per face shield. 

• A link to the face shields on their website can be found here.