Main Street Lending Program Now Open to Nonprofits
Posted by Federal Reserve Bank of Boston on October 6, 2020
The Federal Reserve’s Main Street Lending Program (MSLP) is now accepting submissions of eligible loans to nonprofit organizations, submitted by registered lenders. The MSLP is designed to help credit flow to small and medium-sized for-profit businesses and nonprofit organizations that were in sound financial condition prior to the pandemic.
See the terms and conditions of the program: https://www.bostonfed.org/supervision-and-regulation/supervision/special-facilities/main-street-lending-program/information-for-nonprofit-borrowers.aspx
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