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Financial Services Law Insights and Observations

Boston Fed releases Main Street Lending Program forms and agreements

Federal Issues Federal Reserve Agency Rule-Making & Guidance CARES Act Small Business Lending Covid-19

Federal Issues

On May 27, the Federal Reserve Bank of Boston posted the necessary legal forms and agreements for eligible borrowers and eligible lenders to participate in the Main Street Lending Program on their website. The documents include, among other things, lender registration certifications and covenants, lender wire instructions, loan participation agreements, and servicing agreements. The Boston Fed has also updated the Main Street Lending Program’s FAQs.

Additional details about the Main Street Lending Program can be found in a previous InfoBytes post here, and a Buckley Special Alert here.

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