National News

Small Business Lending Fund spurs loan growth

Banks that participated in the Small Business Lending Fund showed an increase in lending during the last three months of 2011, the U.S. Department of the Treasury said. Community banks and other participants increased lending by $1.3 billion in the final quarter of 2011, a 37 percent increase from the previous quarter. A majority of banks taking part in the program — more than 68 percent — have increased their small business lending by 10 percent or more. In order to participate in the SBLF program . . .

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