To facilitate lending to small businesses via the Small Business Administration's Paycheck Protection Program (PPP), the Federal Reserve will establish a facility to provide term financing backed by PPP loans. Additional details will be announced this week.
FTSE Mondo Visione Exchanges Index:
Federal Reserve Will Establish Facility To Facilitate Lending To Small Businesses Via The Small Business Administration's Paycheck Protection Program (PPP) By Providing Term Financing Backed By PPP Loans
Date 06/04/2020