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Federal Reserve Board Expands Main Street Lending Program to Provide Loans for Non-Profit Organizations

On July 17, 2020, the U.S. Federal Reserve Board expanded the Main Street Lending Program to provide access to loans for eligible nonprofit organizations.  Previously, nonprofit organizations were not eligible to participate...more

Main Street Lending Program: Summary as of May 20, 2020

Federal Reserve Board program announced April 9, 2020: - Intended to assist small and medium sized businesses deal with the economic fallout caused by the COVID-19 pandemic...more

Federal Reserve Board Changes Some Loan Terms and Issues New Requirements for the Main Street Lending Program Under the CARES Act

On April 30, 2020, the Federal Reserve Board released some new requirements and changed some loan terms for its Main Street Lending Program geared to assist small and medium sized businesses deal with the economic fallout...more

Federal Reserve Board Releases Details About Its Previously Announced Main Street Lending Program Under the CARES Act

On April 9, 2020, the Federal Reserve Board released details about its previously announced Main Street Lending Program geared to assist small and medium sized businesses deal with the economic fallout caused by the COVID-19...more

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