Announcement
20 Aug 2020
In August 2020, the Federal Reserve allocated USD 33.2 million to purchase part of a commercial loan granted to Cumberland Surgical Hospital of San Antonio 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
20 Aug 2020
Revocation date:
No revocation date
Updated: 20 Aug 2020
State loan
In force
On 20 August 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to Cumberland Surgical Hospital of San Antonio Llc extended by The Farmers & Merchants Bank. The Fed's financial stak...
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