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Tag: Main Street Expanded Loan Facility

Main Street Lending Program Expanded to More Businesses

By Travis Miskowitz Update 6/10/20 On Monday, June 8th, the Federal Reserve Board again revised the Main Street Lending Program, providing increased access to more small and medium-sized businesses. The $600 billion loan program has yet to fund a single loan, and criticism of the Fed’s latest stimulus effort in recent weeks has put pressure on the Fed to relax certain requirements, providing more flexibility to eligible borrowers.  The Fed has received a growing chorus of complaints...

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