On July 28, 2020, the Federal Reserve Board extended it's lending programs until the end of the year. Learn More.
On July 23, 2020, the Federal Reserve Board published the Main Street Lending Program’s frequently asked questions for nonprofit lending. View the FAQs here.
On July 17, 2020 the Federal Reserve Board modified the Main Street Lending Program to support greater access to credit for nonprofit organizations such as educational institutions, hospitals, and social service organizations. Nonprofit borrowers can learn more here.
This is the best and most accurate information we have garnered as of the date published. *All provided information is subject to Treasury guidelines and caps that are fluid and subject to change.
Please note, Vista Bank will work diligently to ensure your success in this government loan program. However, loans are only submitted if qualified based on standard underwriting procedures and are not guaranteed to be received as they are limited by the current federal total, and are being addressed on a first come first serve basis by the Treasury, upon approval.
*As of 7/8/20 posting on bostonfed.org
I just wanted to reach out again and say thank you so very much for your persistence, diligence, and hard work in processing and getting my SBA loan approved in record time. I don’t believe it could have been done anywhere else as fast as Vista Bank has done it. Vista Bank gets results!