Summary Matrix of $500 Billion Funding for Distressed Sectors

Alert
|
1 min read

For further information, please visit the White & Case Coronavirus Resource Center.

Title IV of the Coronavirus Aid, Relief, and Economic Security (CARES) Act sets forth $500 billion of funding for certain industries that have been severely impacted by COVID-19. Those industries are entitled to direct loans and loan guarantees from the U.S. Treasury amounting to $46 billion. The remaining $454 billion of funding is to be used by the U.S. Treasury for a combination of direct lending and guarantees and to support lending programs through bank or non-bank lenders. Please click below to view a matrix summarizing the availability of funding for different categories of business.

View summary matrix.

 

Find out more about business response to the Coronavirus outbreak:
Coronavirus: Managing business impact and legal risks

 

This publication is provided for your convenience and does not constitute legal advice. This publication is protected by copyright.
© 2020 White & Case LLP

Top