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Main Street Lending Program Adjusted to Better Target Smaller Businesses: Federal Reserve Issues Updated Guidance; Program Uptake...

The Federal Reserve recently adjusted the terms of the Main Street Lending Program (MSLP) to better target support to smaller businesses....more

Main Street Lending Program Opens to Nonprofits, Multiborrower Loans

The Federal Reserve recently expanded access to the Main Street Lending Program (MSLP) by fully opening the program to nonprofit organizations (NPOs) and accepting submissions of multiborrower loans. The Federal Reserve also...more

Federal Reserve Extends, Expands Main Street Lending Program

The Federal Reserve recently extended the Main Street Lending Program (MSLP) through the end of 2020 and expanded eligibility for nonprofit organizations (NPOs). The Federal Reserve established the MSLP to support lending...more

Federal Reserve Updates Main Street Lending Program Guidance Following Launch

On July 15, 2020, the Federal Reserve released updated guidance for the Main Street Lending Program (MSLP). That updated guidance further modifies or clarifies certain requirements of the program, following its launch on July...more

Federal Reserve Tweaks Terms of Main Street Lending Program Ahead of Launch

On June 8, 2020, the Federal Reserve released updated term sheets and guidance for the Main Street Lending Program (MSLP). The MSLP is designed to provide support to small and medium-sized businesses and their employees...more

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