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Treasury Approves SBLF Funding for 50 More Banks

Posted on 9/8/2011

Fifty community banks received a total of $767 million as part of the latest wave of capital released under the Treasury Department's Small Business Lending Fund, the agency said yesterday. Including the latest announcement, 130 community banks have received more than $1.8 billion in SBLF funding. The statutory deadline to distribute funds is Sept. 27, and more announcements will be made in the weeks ahead, Treasury officials said.

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