Main Street Lender Portal Includes the Additional Functionality to Support Multi-borrower Loan Structures

As of Monday, September 21, the Main Street lender portal includes the additional functionality to support multi-borrower loan structures, meaning the program now permits the submission of multi-borrower loans – loans made to multiple co-borrowers. The program previously posted updated legal documents and forms for use in lending in these situations. Further guidance is available in the Instructions for Lender Required Documentation and the For-Profit Business FAQs and Nonprofit Organization FAQs.