United States of America: The Federal Reserve allocates USD 28.5 million to purchase part of a loan granted to Dickey's Capital Group Inc
Announcement
17 Dec 2020
In December 2020, the Federal Reserve allocated USD 28.5 million to purchase part of a commercial loan granted to Dickey's Capital Group Inc the transaction was carried out under The Main Street Lending Program.
On 17 December 2020, the Federal Reserve ('the Fed') purchased 95% of a loan granted to Dickey's Capital Group Inc extended by The First National Bank of McGregor. The Fed's financial stake in this lo...