Announcement
19 Aug 2020
In August 2020, the Federal Reserve allocated USD 18.1 million to purchase part of a commercial loan granted to Whitetail Vessel Company Llc the transaction was carried out under The Main Street Lending Program.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
19 Aug 2020
Revocation date:
No revocation date
Announced: 19 Aug 2020
Debt purchase
In force
On 19 August 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to Whitetail Vessel Company Llc extended by Citizens Deposit Bank of Arlington Inc. The Fed's financial stake in this...
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