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Distressed Real Estate During COVID-19: Options Beyond PPP Loans

Commercial real estate owners may find relief under the Main Street Lending Program, but with many unable to qualify, the recently introduced HOPE Act, if enacted, will fill a much-needed gap. Although the possibility may...more

Fed Updates its Guidance for the Main Street Lending Program

The update generally provides further clarifications to existing guidance, but one change regarding the Expanded Loan Facility could enable eligible borrowers to access additional funding that was previously unavailable to...more

The Main Street Lending Program: Additional Guidance for Borrowers

Companies that may want to borrow under the Main Street Lending Program should take note of additional guidance recently issued by the Federal Reserve Bank of Boston. The Federal Reserve Bank of Boston has issued further...more

Federal Reserve Expands Scope and Eligibility for Main Street Lending Program

In response to public input, loan options under the Main Street Lending Program have increased and eligible businesses expanded. The pool of businesses eligible to borrow has been expanded....more

Treasury and Fed launch $600 Billion Main Street Lending Program

Loans of $25 million to $150 million now available for mid- to large-sized businesses - The Treasury Department and Federal Reserve has announced two new lending programs, as well as additional investment in and expansion...more

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