The Path to a New Normal for Banking Post Pandemic 2020
May 20, 2020
Paycheck Protection Loan Forgiveness, What you Need to Know
August 19, 2020

The Federal Reserve established the Main Street Lending Program (Program) to support lending to small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic. The Program will operate through three facilities: the Main Street New Loan Facility (MSNLF), the Main Street Priority Loan Facility (MSPLF), and the Main Street Expanded Loan Facility (MSELF).

The Program was designed to help credit flow to small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 crisis, but now need loans to help maintain their operations until they have recovered from, or adapted to, the impacts of the pandemic. Loans originated under the Program have several features and create certain obligations that will be explored during our event, as follows:

  • What are the registration requirement for financial institutions
  • Differences between the MSNLF, MSPLF, and MSELF Programs
  • Who is administering the Program
  • Program details (e.g., loan terms, loan sizes, how the loan size is determined and associated issues with the calculations, business size limit)
  • Eligibility requirements for the Program
  • Differences between the MSNLF, MSPLF, and MSELF ProgramsHow your financial institution can use the program strategically
  • What important certifications & covenants are lenders and borrowers required to make under the Program (e.g., eligibility, maximum size, US business requirement, limits on compensation & distributions, etc.)

Many other issues and details of the program will be discussed and explored during the event. We welcome you to join us and learn from the experts about this very critical government sponsored program.

Please mark your calendar for an interactive panel discussion:

Date: July 22, 2020
Time: 9:00 am

Register For Free:


Asnardo Garro, Esq. 
Avila Rodriguez Hernandez Mena & Ferri LLP

Asnardo Garro is a partner in the Corporate and Financial Services practice at Avila Rodriguez Hernandez Mena & Ferri LLP.  Mr. Garro focuses his practice in representing financial institutions, financial service companies, money services and corporate clients with respect to complex financing transactions, sale and acquisition matters and other complex business transactions. He has detailed experience in the laws and regulations governing such clients and their transactions.


Margaret E. Tahyar, Partner
Davis Polk Financial Institution Group

Ms. Tahyar is a partner in Davis Polk’s Financial Institutions Group and a member of the fintech practice. Her practice focuses on providing strategic bank and financial regulatory advice. She advises banks, financial institutions and technology companies engaging in all types of deals and cases in traditional and cutting-edge financial regulatory topics, including corporate governance and supervisory relationships with regulated boards, bank chartering, payment systems, bank powers and activities, recovery and resolution planning, securities disclosure, capital and liquidity, cybersecurity and data privacy and attorney client privilege in the banking sector.

Ms. Tahyar has been engaged in financial services advice and regulatory reform since the early 1990s. Her clients include many of the largest domestic and foreign financial institutions, many regional banks and technology companies. Ms. Tahyar has worked on almost two dozen living wills for clients ranging from the largest and most complex organizations to smaller regional banks.

From 1997 to 2009, Ms. Tahyar worked in the Davis Polk Paris and London offices and frequently advises on the international aspects of transactions and regulatory reform.  In addition to her full-time practice, she teaches financial regulation as an adjunct Lecturer-in-Law at Harvard Law School and is a co-author of Financial Regulation: Law and Policy (2nd ed., Foundation Press), the leading textbook for law students in the area.

Hugo Loynaz,
Executive Vice President/Chief Credit Officer
City National Bank

Hugo Loynaz is Chief Credit Officer and Executive Vice President for City National Bank for over 10 years.  In this position he is responsible for all the credit risk functions within the bank.  Hugo has over 30 years of banking experience, all within the Florida Marketplace.  Previous to City National, Hugo was the Chief Credit Officer for Ocean Bank, and prior to that spent 11 years at Citibank Florida ending his career there as Credit Director for the State of Florida and Latam; And prior to that worked for Bank of America in various lending and credit positions.  He graduated Magna Cum Laude from the University of Maryland.  Hugo lives in Miami with his lovely wife and daughter

David Moshashvili, CPA
Principal, Audit Department in the New York Region
Morrison Brown Argiz & Farro(MBAF)

Mr. David Moshashvili has over 13 years of experience advising both publicly and privately held companies, as well as international companies in various industries including consumer products, wholesale and distribution, retail and manufacturing and financial services.

He helps clients streamline their operations, reduce expenses and achieve their financial objectives. Furthermore, David has been involved in consulting and advising companies on financial reporting and internal control matters, improving operational efficiencies, profitability and other compliance matters.  Also, David is fluent in Russian and conversational in Georgian.