Announcement
01 Sep 2020
In September 2020, the Federal Reserve allocated USD 41.2 million to purchase part of a commercial loan granted to WS Communities Llc 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
01 Sep 2020
Revocation date:
No revocation date
Updated: 01 Sep 2020
State loan
In force
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...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.