COVID-19 Latest Updates and Resources

Main Street Lending Program Now Fully Operational

The Federal Reserve Bank of Boston today announced that the Main Street Lending Program, which will lend up to $600 billion to small and midsize businesses affected by the COVID-19 pandemic, is fully operational. The program offers five-year loans with floating rates, deferred principal payments for two years, and deferred interest payments for one year. We encourage practices potentially eligible for the program to talk with their banks about the process of applying for these loans now. For more information about the program, click here.