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Federal Reserve Launches Main Street Lending Program

Date: June 23, 2020

The Federal Reserve launched the Main Street Lending Program on June 15, which will provide up to $600 billion in loans to businesses with up to 15,000 employees or up to $5 billion in revenue. Currently a portal is open to lenders to register for the program. Materials for the Main Street Lending Program are available here.

MEMA was instrumental in the creation of this program under the CARES Act.

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