Main Street Priority Loan Facility (MSPLF) Summary | Practical Law

Main Street Priority Loan Facility (MSPLF) Summary | Practical Law

This Checklist is a summary of the terms and conditions of the Main Street Priority Loan Facility (MSPLF), 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 MSPLF, terminated on January 8, 2021.

Main Street Priority Loan Facility (MSPLF) Summary

Practical Law Article w-025-2900 (Approx. 10 pages)

Main Street Priority Loan Facility (MSPLF) Summary

by Practical Law Finance
Law stated as of 30 Jun 2023USA (National/Federal)
This Checklist is a summary of the terms and conditions of the Main Street Priority Loan Facility (MSPLF), 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 MSPLF, terminated on January 8, 2021.