Announcement
09 Dec 2020
In December 2020, the Federal Reserve allocated USD 12.3 million to purchase part of a commercial loan granted to 110 Grill Management 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
09 Dec 2020
Revocation date:
No revocation date
Updated: 09 Dec 2020
State loan
In force
On 9 December 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to 110 Grill Management Llc extended by Northern Bank & Trust Company. The Fed's financial stake in this loan was US...
Sign in to see more
Threads
See all
This state act is not part of any Thread yet.