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.
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...