On Friday, July 17, 2020, the Federal Reserve Board released term sheets for the nonprofit loan facilities (the Nonprofit Organization New Loan Facility (NONLF) and the Nonprofit Organization Expanded Loan Facility (NOELF)...more
Draft term sheets issued by the Federal Reserve Board announce a proposed expansion of the Main Street Lending Program to certain Nonprofit Organizations.
On Monday, June 15, 2020, the Federal Reserve Board (the Board)...more
In an April 9 press release, the US Federal Reserve identified additional steps it will take to assist businesses in the United States and promote the stability of the US financial system amidst the COVID-19 pandemic.
In...more