> The Federal Reserve Board and U.S. Department of the Treasury released documentation and instructions for borrowers and lenders in advance of the opening of the Main Street Lending Program (MSLP), which is designed to provide up to $600 billion in loans for small and midsize businesses, including the documentation for the Main Street New Loan Facility (MSNLF), Main Street Expanded Loan Facility (MSELF) and Main Street Priority Loan Facility (MSPLF).

 > The documentation and instructions provide guidance on a variety of subjects, to include, how the Special Purpose Vehicle (SPV) will interact with the borrowers and lenders, the requirements for the various certifications and covenants that each borrower and lender must make and how to determine if there is a conflict of interest.

> Additional guidance and documentation on the MSLP is still forthcoming.
 
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