The Fed is finally starting its lending program for small and medium-sized businesses

Small and medium-sized businesses are finally getting some much-needed help from the Federal Reserve. The Fed’s highly anticipated Main Street Lending Program is launching more than two months after it was announced at the beginning of April. While the central bank won’t lend to businesses themselves, it will encourage banks to lend to struggling companies by taking the […]

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Over $100,000 going to Fort Myers low-moderate income households, businesses

Fort Myers City Council unanimously approved more than $100,000 for an “Emergency Assistance Program” to benefit low-moderate income households and businesses in the city Monday. This is in effort to help these groups hit hard during the coronavirus pandemic. The new fund will allocate $112,152 for assistance of households and businesses below $54,960 in annual […]