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Billions in aid to banks not reaching many seeking loans

Lending giants tough on small-business owners

By Megan Woolhouse
Globe Staff / November 2, 2009

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Last month, Tim Burr needed $35,000 to boost his small software company, so he applied for loans at Bank of America and Citibank, both of which took billions of dollars in government bailout funds intended to spur lending and lift the economy out of a recession. (Full article: 1253 words)

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