Announcement
13 Aug 2020
In August 2020, the Federal Reserve allocated USD 23.8 million to purchase part of a commercial loan granted to Ology Bioservices Inc the transaction was carried out under The Main Street Lending Program.
Source
Sign in to access
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
13 Aug 2020
Revocation date:
No revocation date
Updated: 13 Aug 2020
State loan
In force
On 13 August 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to Ology Bioservices Inc extended by City National Bank of Florida. The Fed's financial stake in this loan was USD 23...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.