Joint letter re: lending facilities established by CARES Act
April 10, 2020
The Honorable Steven Mnuchin
Secretary
U.S. Department of Treasury
1500 Pennsylvania Avenue NW
Washington, DC 20220
The Honorable Jerome Powell
Chairman
Board of Governors of the Federal Reserve
20th Street and Constitution Avenue NW
Washington, DC 20551
The Honorable Jovita Carranza
Administrator
U.S. Small Business Administration
409 3rd Street SW
Washington, DC 20416
Dear Secretary Mnuchin, Chairman Powell, and Administrator Carranza:
The undersigned trade organizations write to you regarding implementation of the Paycheck Protection Program as well as lending facilities and programs established by the Federal Reserve and U.S. Treasury Department under the recently passed Coronavirus Aid, Relief, and Economic Security (CARES) Act.