At least 5 R.I. banks to offer low-interest loans via Main Street Lending Program

Nancy Lavin

07/02/2020

FIVE BANKS with Rhode Island locations have confirmed their participation in the Federal Reserve’s Main Street Lending Program. / AP FILE PHOTO/MANUEL BALCE CENETA

PROVIDENCE – Five banks with locations in Rhode Island have confirmed to Providence Business News that they will participate in the Main Street Lending Program. The $600 billion program launched by the Federal Reserve aims to help small to medium-sized businesses through low-interest loans of at least $250,000. Unlike the federal Paycheck Protection Program, these…

Register to keep reading or subscribe today and receive unlimited access.
Already a Subscriber?

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.