The Economic Aid to Hard-Hit Small Businesses, Nonprofits and Venues Act (Economic Aid Act), which was included in the Consolidated Appropriations Act, 2021, was signed into law on Dec. 27, 2020. The U.S. Small Business...more
In response to the coronavirus (COVID-19) pandemic, the Federal Reserve Board and the U.S. Department of the Treasury have unveiled the Main Street Lending Program (MSLP) — consisting of the Main Street New Loan Facility...more
As previously reported, in response to the coronavirus (COVID-19) pandemic, the Federal Reserve and the U.S. Department of the Treasury unveiled two lending programs – the Main Street New Loan Facility (MSNLF) and the Main...more
The CARES Act included language permitting the Federal Reserve Board to establish a "Main Street Lending Program," or other similar program or facility to support lending to small and mid-sized businesses. Toward this end,...more
4/22/2020
/ CARES Act ,
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Coronavirus/COVID-19 ,
Credit Facilities ,
Federal Reserve ,
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