The Main Street Lending Program (MSLP) is scheduled to terminate on Dec. 31, 2020. The Federal Reserve recently issued additional guidance in anticipation of winding down the program....more
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
The Federal Reserve recently extended the Main Street Lending Program (MSLP) through the end of 2020 and expanded eligibility for nonprofit organizations (NPOs).
The Federal Reserve established the MSLP to support lending...more
On May 27, 2020, the Federal Reserve Bank of Boston released updated guidance and new documents for the Main Street Lending Program (MSLP).
The MSLP is designed to provide support to small and medium-sized businesses and...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
McGuireWoods is monitoring the evolving availability of government-sponsored emergency loan programs for U.S. businesses suffering losses from the COVID-19 pandemic. Potential sources include federal programs available from...more
McGuireWoods is monitoring the evolving availability of government-sponsored emergency loan programs for U.S. businesses suffering losses from the COVID-19 pandemic. Potential sources include federal programs available from...more