Alfresco dining has become an important part of the restaurant industry in Massachusetts, having “dramatically increased” when state government prohibited indoor dining to slow the spread of the coronavirus, analysts at the Federal Reserve Bank of Boston said.
More than two months after the CARES Act authorized a lending program for small and mid-sized businesses affected by the coronavirus pandemic, the Federal Reserve’s Main Street Lending Program has launched a lender portal.
While lenders have been focusing on the Paycheck Protection Program for small businesses, the Federal Reserve Board has revamped another loan program intended to help businesses affected by the coronavirus pandemic.
