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Description
On 1 September 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to WS Communities Llc extended by First Choice Bank. The Fed's financial stake in this loan was USD 41.2 million. T...
Intervention Details
Intervention Type
State loan
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
01 Sep 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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