The Federal Reserve recently expanded access to the Main Street Lending Program (MSLP) by fully opening the program to nonprofit organizations (NPOs) and accepting submissions of multiborrower loans. The Federal Reserve also...more
In an April 30, 2020, press release, the Federal Reserve announced changes to the previously announced Main Street Lending Program, including the following:
creating a third facility, the Main Street Priority Loan Facility...more
On April 9, 2020, the Treasury Department and the Federal Reserve each issued a press release (Treasury release and Federal Reserve release) providing additional details about the two new Main Street Lending programs...more