Johnson & Bell Shareholder, Mark D. Belongia, who regularly works with family and privately held companies, reports that the Federal Reserve has finally released a term sheet for its Main Street New Loan Facility targeting small to mid-size companies with up to 10,000 employees. The Fed will be backstopping lenders up to 95% on loans up to $25 million. You can download the term sheet here. If you have any questions about the Main Street New Loan Facility and how it applies to your business, please contact Mark D. Belongia.
Also, check out The Docket, a compilation of developments about the courts in Illinois and Indiana, initiatives aimed at helping business and the economy, and general news of interest to our clients and friends of the firm.
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Clients rely on Johnson & Bell to defend their interests in court. We accomplish their objectives by providing efficient, effective and creative legal counsel. For nearly 45 years, we have represented companies from a range of business sectors, including manufacturing, chemicals, transportation, drug stores, real estate, banking, insurance, trucking, health care, accounting, law, consulting, construction, hospitality and retail, as well as local, city and state governments and municipalities. These clients trust Johnson & Bell to deliver viable solutions to their business challenges. We are proud of the results we have delivered on their behalf.