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Eligibility Determination Relief Measures Main Street Lending Programs

Stinson LLP

Relief for Middle Market Companies: New Details on the Main Street Lending Program

Stinson LLP on

On April 9, 2020, the Federal Reserve announced its Main Street Lending Program (MSLP), which in its initial form consisted of two facilities through which the Federal Reserve would purchase participations in loans that met...more

Carlton Fields

Update on the Reserve Board's Main Street Program: Moves to Assist Larger Businesses

Carlton Fields on

A few weeks ago, we commented on the Federal Reserve’s newly unveiled Main Street Lending Program. We noted that the $600 billion lending effort was for businesses with up to 10,000 employees and up to $2.5 billion in 2019...more

Stinson LLP

COVID-19 Relief for Middle Market Companies: The Federal Reserve's Main Street Lending Program under the CARES Act

Stinson LLP on

With lending now underway under the well-known Paycheck Protection Program (PPP) established under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) aimed at providing COVID-19 relief to small and medium...more

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