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Fed launches long-awaited Main Street lending program, seeks to reach nonprofits – Reuters

The Federal Reserve said on Monday it had opened registration for lenders interested in participating in the Main Street Lending Program, which will offer loans to small and medium-sized businesses affected by the pandemic.

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NEW YORK, June 15 (Reuters) – The Federal Reserve said on Monday it had opened registration for lenders interested in participating in the Main Street Lending Program, which will offer loans to small…

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