For Lenders: Updates to the Main Street Lending Program For Lenders: Updates to the Main Street Lending Program

This Event Has Ended This Event Has Ended

Friday, June 12, 2020
2:00 p.m. EDT
via Webinar

This session is an opportunity for potential lenders in the Main Street Lending Program to learn about changes to the program announced on June 8, 2020 and to ask questions about the program to senior officials from the Federal Reserve.

The Main Street Lending Program is designed to support small and medium-sized U.S. businesses and their employees during this period of financial strain by giving these businesses access to additional credit. The program is intended to help businesses that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations and payroll until conditions normalize. Small and medium-sized businesses are integral to the U.S. economy and create jobs for a large share of the U.S. workforce.

Interested participants are encouraged to review the updated program term sheets and frequently asked questions that were released on June 8, 2020.