Law stated as of 30 Jun 2023 • USA (National/Federal)
This Checklist is a summary of the terms and conditions of the Main Street New Loan Facility (MSNLF), established by the Federal Reserve, with the Secretary of the Treasury, to provide access to credit to small and medium-sized businesses. This is one of several loan and liquidity programs established by the Federal Reserve in coordination with the CARES Act to mitigate the adverse economic effects of the COVID-19 pandemic. The Main Street Lending Program (MSL Program), including the MSNLF, terminated on January 8, 2021.