Main Street Lending Program

1,700 Colleges Ask Federal Reserve for Virus Loans

1,700 universities and colleges around the nation have asked the Federal Reserve to grant them access to the Main Street Lending Program, a program established last week to provide lending to small and medium-sized businesses that have been impacted by the Chinese virus pandemic.

WASHINGTON, DC - MAY 20: Newly redesigned $100 notes lay in stacks at the Bureau of Engraving and Printing on May 20, 2013 in Washington, DC. The one hundred dollar bills will be released this fall and has new security features, such as a duplicating portrait of Benjamin Franklin and …