Announcement
20 Nov 2020
In November 2020, the Federal Reserve allocated USD 18.1 million to purchase part of a commercial loan granted to Advanced Diagnostics Health System 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
20 Nov 2020
Revocation date:
No revocation date
Updated: 20 Nov 2020
State loan
In force
On 20 November 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to Advanced Diagnostics Health System Llc extended by Gulf Capital Bank. The Fed's financial stake in this loan was...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.