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Client Advisory: Federal Reserve Launches New Main Street Lending Program for Companies Impacted by COVID-19

Late last week the Federal Reserve unveiled a new lending facility to aid companies affected by the Covid-19 crisis. 

The Main Street Lending Program focuses on larger borrowers, yet is a supplement to the Paycheck Protection Program administered by the SBA. 

Whether your company qualifies for a PPP loan, consider whether the additional support of a MSLP loan will help cushion the effects of the slowly economy.