DE-MYSTIFYING THE MAIN STREET LENDING PROGRAM

 
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ATTENTION APPLICANTS!

The Federal Reserve established the Main Street Lending Program (Program) to support lending to small and medium-sized for profit businesses and nonprofit organizations that were in sound financial condition before the onset of the COVID-19 pandemic.

The Program operates through five facilities: the Main Street New Loan Facility (MSNLF), the Main Street Priority Loan Facility (MSPLF), the Main Street Expanded Loan Facility (MSELF), the Nonprofit Organization New Loan Facility (NONLF) and the Nonprofit Organization Expanded Loan Facility (NOELF).”

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EVENT HIGHLIGHTS

Overview

Learn the who, what, when, where, and why of the Main Street Lending Program.


Key terms and conditions

Eligible Loans for both for-profit businesses and non-profit entities. As well as loan details regarding term and interest rate, payments, loan sizes, requirements, and much more.


Getting started

The details of how to get started and what to expect from the process.


Program information, term sheets, FAQs, and other recorded sessions to help you get on your way!

ADDITIONAL RESOURCES

 
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KEITH KOO -Moderator

Keith is a Founder and Managing Partner of Guardian Insight Group a Technology Risk advisory services firm dedicated to identifying, assessing, controlling and mitigating the risks associated with doing business with technology companies and vendors such as: financial, blockchain, pricing/cost, cyber, information security, business resiliency, disaster recovery, regulatory and compliance. Keith also serves as a mentor and advisor to a number of  companies, technology startups and incubators.

 Before starting Guardian Insight Group, Keith was the Managing Director and Head of the Third Party Risk Management program for the Mitsubishi Financial Group (MUFG) and was responsible for ensuring that the Bank had the proper framework, policies and controls to meet regulatory standards for effective oversight of third parties/vendors.

Previously he held Senior Leadership roles at Cisco Systems, Hewlett Packard and other technology and financial service companies in Mergers and Acquisitions, Divestitures, Technology and Risk Management.

 Keith holds a B.A. in Organizational Behavior from the University of California and advanced certifications from Stanford, the University of California, and George Washington Universities.

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scott strah -keynote

Scott Strah is an assistant vice president in the Supervision, Regulation & Credit (SRC) department at the Federal Reserve Bank of Boston. Scott joined the Boston Fed in 2001 and served as a senior specialist and team leader on large-bank resident teams, evaluating the most complex business activities and supervisory issues. He was promoted to senior professional in 2009, where he served as the head of the Large Bank Analytics function, responsible for a team focused on identifying financial stability risks in markets and financial institutions, and evaluating the adequacy of regulatory and supervisory policy.

Scott is a former member of the Federal Reserve System’s Risk Secretariat, a group focused on evaluating the most critical risks facing systemically important institutions and a current member of the Large Institution Supervision Coordinating Committee Liquidity Steering Committee, which provides oversight of the liquidity supervision activities of systemic financial institutions.

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PORTER WONG -presenter

Mr. Wong is consultant for US Department of Commerce MBDA (Minority Business Development Agency) Northern California Business Centers. He is mentor of the Lawrence Livermore National Laboratory Accelerator and Venture Lab of University of California, Merced. Mr. Wong is also a member of Ontario, Canada PV Caucus. Ontario, Canada PV Caucus is a working body that provides influential inputs to the government to shape solar photovoltaic governmental industry wide regulation and policy.

 
 

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