Federal Reserve’s Main Street New Loan Facility

Posted on
Arrows of many colors pointing up and to the right
  • On 4/9/2020, the Federal Reserve announced a new $2.3 trillion loan package. The Fed will work through banks to offer four-year loans to companies of up to 10,000 employees, and directly lend to state governments and populous counties and cities to help them respond to the crisis.  The Fed’s initial $75 billion investment is intended to facilitate lending to small and medium-sized businesses and should include those previously excluded from the PPP.  Click here for more information
  • We’ll bring additional details to you as it becomes available

Please note that merely sending e-mail to one of our lawyers or our client services department does not create an attorney-client relationship. Such relationship will exist only once it is confirmed in writing between Horenstein Law Group PLLC and you or your company. Please do not send information you deem to be confidential unless or until we establish a formal attorney-client relationship.

The materials on the website are for informational purposes only and not for the purpose of providing legal advice. You should not consider any information on the website as legal advice. You should consult an attorney with respect to advice applicable to your particular situation or issue. By clicking “I ACCEPT” below, you agree that any information you provide, including without limitation name and e-mail address, may be entered into our database.