Some businesses struggle to pay back pandemic-era loans

By / / Lifestyle / 1 minute of reading


In 2020, the Federal Reserve established the Main Street Lending Program to support mid-size businesses during the pandemic. Now, those businesses are having trouble catching up on those loan repayments. Bloomberg News economics and Federal Reserve reporter Catarina Saraiva has more.



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About The Author

Avatar of Minnie Phillips
Minnie Phillips is a news writer for PM-News, where she writes about politics, health, business, parenting, and finance. She has been writing since she was in high school. Minnie is also a mother of two and loves to travel. In her spare time she likes to go hiking and read books by her favorite author James Patterson.

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