On May 27 2020, the Federal Reserve Board released documents and expanded explanatory materials, including updated Frequently Asked Questions (FAQ) related to the Main Street Lending Program (MSLP).
Our team at Janover has reviewed these FAQ’s and has summarized, what we believe to be, the key items to bring to your attention. To read the summary please click on the link below:
COVID19 Main Street Lending Program FAQ Summary
Please contact your Janover professional if you need additional assistance.
(This document only covers the new FAQ’s. For a detailed overview of the MSLP as a whole, see Janover’s “Cares Act: Main Street Lending Program”)