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Some businesses struggle to pay back pandemic-era loans

Pelican Press

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Some businesses struggle to pay back pandemic-era loans

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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#businesses #struggle #pay #pandemicera #loans

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