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EnerBank's business focus to provide home improvement loans through professional contractors will remain the same after the planned acquisition. In addition, EnerBank will continue to be run by its current leadership. EnerBank is an industrial bank chartered in the state of Utah. At the end of fiscal 2005, EnerBank employed 37 associates and had net loan assets of $76 million.
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Small businesses with gross receipts of $4 million or less and businesses owned by women or minorities could quality for loans worth up to $125,000 to start new businesses or expand existing companies. Funds are available in all 95 counties statewide.
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ATLANTA, Oct. 5 /PRNewswire/ -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it will award $8.1 million in below-market rate loans to spur economic growth in Alabama, Florida, Maryland, and North Carolina communities. Seven winning partnerships will use funds from FHLBank Atlanta's Economic Development and Growth Enhancement (EDGE) program to invest in community projects with total development costs of $26.1 million.
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The No. 1 financier for car loans in the country. Network of more than 2500 channel partners in over 1000 locations. Tie-ups with all leading automobile manufacturers to ensure the best deals. Flexible schemes & quick processing. Hassle-free application process on the click of a mouse.
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The dollar limits for lot loans and combination loans may be increased up to 85 percent in designated high-cost areas. For further information on high-cost area limits, contact the local HUD field office.
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New data on high-cost loans was released Wednesday by the Federal Financial Institutions Examination Council, which promotes uniformity and consistency in the supervision of financial institutions. Chicago data for 2005 and 2006 has been analyzed by The Chicago Reporter, an award-winning bimonthly print and online newsmagazine that focuses on race and poverty issues and serves as a watchdog of government and other institutions.
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