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6/16/2020 Statement from Secretary Steven T. Mnuchin on the Main Street Lending Program | U.S. Department of the Treasury Statement from Secretary Steven T. Mnuchin on the Main Street Lending Program June 15, 2020 WASHINGTON – U.S. Treasury Secretary Steven T. Mnuchin issued the following statement on the opening of lender registra on for the Main Street Lending Program: “This morning the Federal Reserve Bank of Boston announced that the Main Street Lending Program Lender Portal is now open. The program, which will operate through three facili es – the Main Street New Loan Facility, the Main Street Priority Loan Facility, and the Main Street Expanded Loan Facility – is designed to help ensure that small and medium-sized businesses have access to the credit they need to get through this challenging period. As announced last week, the por on of the loans retained by the origina ng bank has been lowered to five percent for all eligible loans submi ed to the program, crea ng addi onal balance sheet capacity for par cipa ng lenders. I encourage all eligible lenders to register in order to provide loans to eligible borrowers as soon as possible.” For more informa on on the Main Street Lending Program, including program informa on and frequently asked ques on, visit www.bostonfed.org/mslp. #### https://home.treasury.gov/news/press-releases/sm1032 1/1
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