Main Street Lending Program - updates

Rappler's latest stories on Main Street Lending Program


U.S. Fed at last launches Main Street Lending Program

Jun 16, 2020 - 7:25 AM

The Main Street Lending Program aims to support businesses in the United States that are too big to benefit from the Paycheck Protection Program

Times Square billboards display messages to insurance companies that the most vulnerable businesses, like restaurants and hospitality businesses, need more support to survive the coronavirus pandemic on May 27, 2020 in New York City. (Photo by Angela Weiss / AFP)

U.S. Fed again expands Main St loan program to reach more firms

Jun 09, 2020 - 9:25 AM

The United States' Main Street Lending Program is available to businesses with up to 15,000 employees, or as much as $5 billion in annual revenue

SAN FRANCISCO, CALIFORNIA - MAY 15: Cyclists ride by boarded up businesses on May 15, 2020 in San Francisco, California. Malls and other businesses shutdown in an attempt to contain the coronavirus causing the U.S. retail sales to fall by a record 16.4% from March to April. Justin Sullivan/Getty Images/AFP

U.S. Fed expanding Main Street loan program to aid more firms

May 01, 2020 - 7:15 AM

The United States Federal Reserve seeks to help companies too big for the Paycheck Protection Program but too small to have routine access to capital markets to generate financing

(FILES) In this file photo taken on April 2, 2020, the Federal Reserve and US flags wave above the Federal Reserve building in Washington, DC. - The US Federal Reserve said on April 30, 2020, it is expanding its business loan program to reach more firms as companies struggle to weather the impact of the coronavirus shutdowns. The Main Street Lending Program, which the Fed announced but has not yet launched, was designed to reach small and medium-sized businesses that are too big to benefit from the Paycheck Protection Program run by the Treasury Department. (Photo by Olivier DOULIERY / AFP)