A | B | C | |
---|---|---|---|
1 | Paycheck Protection Program Lending Facility (PPPLF) Timeline | ||
2 | Latest usage of PPPLF (see latest report to congress) | Last updated on July 20, 2020 | |
3 | Date | Action | Links |
4 | Mon, Apr 6, 2020 | - Federal Reserve introduces PPP Lending Facility - Accepts PPP loans as collateral for term financing to some PPP lenders (depository institutions) | YPFS blog post |
5 | Fed press release | ||
6 | Wed, Apr 15, 2020 | - Federal Reserve waives balance sheet growth restriction of Wells Fargo to allow Wells to provide more PPP loans | YPFS blog post |
7 | Fed press release | ||
8 | Thu, Apr 30, 2020 | - Federal Reserve expands PPPLF eligibility to all lenders in PPP - Adds fintech and other lenders who could issue PPP loans but didn't previously have relationship with the Fed | YPFS blog post |
9 | Fed press release | ||
10 | Tue, May 12, 2020 | - Fed will release borrowers name, amount borrowed, etc under PPPLF | Fed press release |
11 | Mon, May 18, 2020 | - Congressional Oversight Commission releases first report | First COC Report |
12 | Thu, Jun 18, 2020 | - Congressional Oversight Commission releases second report | Second COC Report |
13 | Mon, Jul 20, 2020 | - Congressional Oversight Commission releases third report | Third COC Report |
14 | Tue, Jul 28, 2020 | - Fed extends deadline from Sep 30 to Dec 31 | Fed press release |
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