Entries by avila_l755cg

As Many Small and Midsize Businesses Struggle, Where Are the Main Street Loans?

As small and midsize businesses in the United States struggle to survive the new COVID-19 economic reality, politicians continue to debate when and how they will provide a new round of aid to the lifeblood of the American economy. As small and midsize businesses in the United States struggle to survive the new COVID-19 economic […]

Why has the $600 billion Main Street Lending Program been such a flop?

by Clay Jarvis When it was launched as part of the CARES Act in late March, the Paycheck Protection Program received immediate interest from borrowers and lenders alike. That mutual buy-in allowed the program to distribute roughly $522 billion to small (and some not-so- small) businesses in desperate need of cash due to the revenue-choking […]

PTSD From PPP Controversy Derails Promising Program For Struggling Businesses

Kerri Panchuk, Bisnow Dallas-Fort Worth Billions of dollars set aside by the government through the Main Street Lending Program to help distressed companies remain untouched as firms wrestle with the program’s complexity and fears over potential regulatory blowback. Congress allocated $600B to the Federal Reserve as part of the Main Street Lending Program, approved under […]

Former Ambassador to Panama, Simon Ferro, joins Avila.

Former Ambassador to Panama, Simon Ferro, joins AVILA. It is an honor to welcome Simon Ferro to AVILA. He is a talented attorney with remarkable integrity. We are fortunate to have such an experienced and well-respected professional join us as one of our partners. Welcome, Simon!