Main Street Lending Program
Contents
Understanding the Main Street Lending Program: A Comprehensive Guide
Unveiling the Main Street Lending Program
Discover the ins and outs of the Main Street Lending Program, an initiative by the Federal Reserve System aimed at supporting small- and medium-sized businesses and nonprofit organizations affected by the COVID-19 pandemic.
How Did the Main Street Lending Program Operate?
Explore the workings of the Main Street Lending Program, including eligibility criteria, loan terms, and the role of issuing banks in facilitating loans to qualified employers.
Main Street Lending Program vs. Paycheck Protection Program (PPP)
Compare and contrast the Main Street Lending Program with the Paycheck Protection Program (PPP), examining the differences, similarities, and potential synergies between these two relief programs.
Special Considerations and Expansion
Learn about the expansion of the Main Street Lending Program to include nonprofit organizations, along with key eligibility requirements and program details for nonprofits seeking financial assistance.