On Wednesday, May 27, the Federal Reserve Bank of Boston (Boston Fed) released additional information on the Main Street Lending Program (MSLP), which includes the form of the participation agreement governing the...more
Main Street Lending Program Structure Who Is an Eligible Borrower Under the Main Street Lending Program? What Are the Terms of Eligible Loans Under the Main Street Lending Program? What Are the Other Requirements and...more
On April 30, after processing more than 2,200 comment letters to its initial term sheets, the Federal Reserve Board announced new terms that expand the scope and eligibility for the Main Street Lending Program (the Program)...more
Originally published on March 26, 2020 -
To slow or stop the spread of COVID-19, or the coronavirus, federal, state and local authorities and health organizations across the world are strongly advising, and in many cases...more
On April 9, the Federal Reserve released term sheets for its widely anticipated Main Street Lending Program to ensure credit flows to small and mid-sized businesses in the United States with up to 10,000 employees or no more...more
To slow or stop the spread of COVID-19, or the coronavirus, federal, state and local authorities and health organizations across the world are strongly advising people to stay home, practice social distancing and avoid social...more