COVID-19: Main Street Lending Program Now Open for Applications

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The Federal Reserve’s Main Street Lending Program opened for lender registration June 15, 2020, enabling qualifying lenders to begin accepting applications for the much-anticipated program.

Lenders wishing to participate in the program must register using the lender portal, which provides secure access and verification, and promotes the resilience of the program. Business borrowers must apply for program loans through a participating lender.

Please see our previous alert for details about the program, including eligibility guidelines for borrowers and lenders.

 

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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