Page 98 - Lending Program News Today

Hotel stays, vital to Prince William pandemic recovery, are down Image: Prince William County Government The coronavirus pandemic continues to hurt the hotel industry in Prince William County. The county’s hotel occupancy spiked a bit in October but has fallen into a slump, exasperated by the lack of traveling this holiday season due to the coronavirus pandemic. According to the Prince William County Economic Development Authority, hotel stays increased slightly in October 2020 as oc...

Shares of industrial and transportation companies fell as hopes for a bigger stimulus package faded. Senate Majority Leader Mitch McConnell blocked an effort by Democrats to hold a vote on...

Federal Reserve Extends Termination Date Of Main Street Lending Program Facilities To January 8, 2021 To Allow More Time To Process And Fund Loans That Were Submitted To Main Street Lender Portal On Or Before December 14, 2020 Date 29/12/2020 In order to allow more time to process and fund loans that were submitted to the Main Street lender portal on or before December 14, 2020, the Federal Reserve Board on Tuesday extended the termination date of the Main Street Lending Program facilities...

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Fed, Treasury Extend Main Street Lending Program Cutoff Date to Jan. 8 --Update 12/29/2020 | 01:43pm EDT Send by mail : Message : By Nick Timiraos The Treasury Department and Federal Reserve said Tuesday they had extended the cutoff date for the Main Street Lending Program from Dec. 31 to Jan. 8 to process a last-minute crush to deliver loans. Treasury Secretary Steven Mnuchin last month declined to grant an extension to several emergency-lending programs run by the Fed, including t...

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3 Min Read FILE PHOTO: The Federal Reserve building in Washington, D.C., U.S., May 1, 2020. REUTERS/Kevin Lamarque/File Photo (Reuters) -The Federal Reserve on Tuesday said it had extended the end date for its Main Street Lending Program by eight days to process a rush of applications submitted since the Trump administration said it was terminating the emergency credit facility and several others set up by the U.S. central bank. The program, targeted at small- and mid-sized businesses in need o...

Updated Dec. 29, 2020 12:27 pm ET The Treasury Department and Federal Reserve said Tuesday they had extended the cutoff date for the Main Street Lending Program from Dec. 31 to Jan. 8 to process a last-minute crush to deliver loans. Treasury Secretary Steven Mnuchin last month declined to grant an extension to several emergency-lending programs run by the Fed, including the Main Street Lending Program, which is designed to support lending to small and midsize businesses and nonprofits d...

Provided by Dow Jones By Nick Timiraos The Treasury Department and Federal Reserve said Tuesday they had extended the cutoff date for the Main Street Lending Program from Dec. 31 to Jan. 8 to process a last-minute crush to deliver loans. Treasury Secretary Steven Mnuchin last month declined to grant an extension to several emergency-lending programs run by the Fed, including the Main Street Lending Program, which is designed to support lending to small and midsize...

Dec 28, 2020 This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page. After months of wrangling in Congress, President Donald Trump signed a $1.4 trillion omnibus spending bill Dec. 27 that included $900 billion in COVID-19 relief to offer more help to citizens and businesses as the pandemic rag...