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August 5, 2020

Main Street Lending Program ready for launch, but comes at high risk for lenders

Written By

Jamie Brodsky
Member, Stoll Keenon Ogden PLLC

The program asks lenders to retain 5% to 15% of the risk on loans made under the Main Street Lending Program. But even retaining 1% interest is a big deal for lenders, said Jamie Brodsky, member of Stoll Keenon Ogden PLLC.

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Photo of Jamie Brodsky.
Jamie Brodsky

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