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United States of America: The Federal Reserve allocates USD 17.2 million to purchase part of a loan granted to Sequim Lodging Corporation

Description

On 24 November 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to Sequim Lodging Corporation extended by First Federal Savings and Loan Association of Port Angeles. The Fed's fin...

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Intervention Details

Intervention Type

Debt purchase

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Nov 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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