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Description
On 27 August 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to Midwest Transport Inc extended by First Farmers Bank & Trust Co. The Fed's financial stake in this loan was US...
Intervention Details
Intervention Type
State loan
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
27 Aug 2020
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
firm-specific
Affected Sectors
Affected Products
See all
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