Federal Reserve System Main Street Lending Program

Style Magazine Newswire | 6/24/2020, 11:43 a.m.

The Federal Reserve is pleased to announce a NEW information session for minority and women-owned businesses and interested parties who wish to learn more about the Main Street Lending Program:

“The Main Street Lending Program and Your Business” Wednesday, June 24, 2020, 2:00 p.m. EDT

This webinar is an opportunity for interested parties to learn about the Main Street Lending Program and to get answers to questions from senior officials from the Federal Reserve. The session will include an overview of the program, and information about eligibility requirements, loan terms and conditions, and how to get started.

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 loans. The program is intended to help businesses that were in sound financial condition prior to the onset of the COVID-19 pandemic maintain operations 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.