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Why Banks Need to Participate in the Main Street Lending Program

With the stress and lingering fallout from PPP still fresh on their minds, bankers must now decide how (or if) they will use the next round of federal help - the Main Street Lending facilities. In our daily conversations with them, bankers have expressed some reluctance about signing up for another round of government forms and potential public backlash. But if bankers can “get their courage up,” we believe there are some compelling reasons why the Main Street program is worth participating in.

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