Main Street Lending Program: Frequently Asked Questions – Effective: April 30, 2020

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The Federal Reserve will periodically update these FAQs. Please check the Board’s website for new FAQs or revisions to previously issued FAQs. The unique features of loans originated in connection with the MSNLF (MSNLF Loans) are provided in the MSNLF term sheet.  The unique features of loans originated in connection with the MSPLF (MSPLF Loans) are provided in the MSPLF term sheet. The features associated with tranches of loans that are upsized in connection with the MSELF (MSELF Upsized Tranches) are outlined in the MSELF term sheet. More information will be made available on that page regarding each loan's participation terms, credit administration, and loan servicing.