On April 30, 2020 the Federal Reserve announced revised terms for its Main Street Lending Program (Main Street Program). Once operational, the program will provide up to $600 billion in liquidity to eligible lenders that make direct loans to eligible businesses. The revised terms include the addition of a third facility within the Main Street Program and expansion of eligibility requirements for both lenders and businesses. MORE.
- May 1, 2020
Varnum (Michigan): Main Street Lending Program: Federal Reserve Announces Revised Terms
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