Global Trade Alert
Global Trade Alert

United States of America: The Federal Reserve allocates USD 30 million to purchase part of a loan granted to The Doughnut Peddler Llc

Announcement

25 Nov 2020

In November 2020, the Federal Reserve allocated USD 30 million to purchase part of a commercial loan granted to The Doughnut Peddler Llc the transaction was carried out under The Main Street Lending Program.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

25 Nov 2020

Revocation date:

No revocation date

Updated: 25 Nov 2020
State loan In force
On 25 November 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to The Doughnut Peddler Llc extended by First Western Trust Bank. The Fed's financial stake in this loan was USD 30...
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