Recent data from the Federal Reserve shows that community banks have been far more eager to participate in the central bank’s Main Street Lending Program aimed at stemming losses related to the COVID-19 pandemic, a trend that is likely to continue even as the middle-market business rescue program gains steam.

The Fed started purchasing majority stakes in loans made under the Main Street Lending Program in early July, and although the program has been slow to start, recent data has shown that more lenders are beginning to originate loans.

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