Sen. Hoeven: Federal Reserve Expands Main Street Lending Program to Benefit Small & Mid-Sized Businesses
June 09, 2020
June 09, 2020
WASHINGTON, June 9 -- Sen. John Hoeven, R-North Dakota, issued the following news release:
Senator John Hoeven issued the following statement after the Federal Reserve Board announced that it is further expanding its Main Street Lending Program to benefit more small and mid-sized businesses. The Fed is lowering the minimum loan amounts, while also increasing loan maximums, extending the length of the loan terms and providing a two-year moratorium on principal payments for all loan f . . .
Senator John Hoeven issued the following statement after the Federal Reserve Board announced that it is further expanding its Main Street Lending Program to benefit more small and mid-sized businesses. The Fed is lowering the minimum loan amounts, while also increasing loan maximums, extending the length of the loan terms and providing a two-year moratorium on principal payments for all loan f . . .