The Main Street Lending Program is Now Operational for Loans to Nonprofit Organizations

Bond Schoeneck & King PLLC
Contact

Bond Schoeneck & King PLLC

The Federal Reserve Bank of Boston announced on Friday that the Main Street Lending Program is now fully operational and is accepting submissions of eligible loans to nonprofit organizations, submitted by eligible lenders.

The Main Street Lending Program offers loans to small and medium sized for-profit businesses and nonprofit organizations that were in sound financial condition prior to the COVID-19 pandemic.

The Main Street Lending Program’s facilities for for-profit businesses have been operational since July 6, 2020.

[View source.]

Written by:

Bond Schoeneck & King PLLC
Contact
more
less

Bond Schoeneck & King PLLC on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.