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Significant Rise in Business Lending in Wis.
Posted on February 8th, 2010 No commentsLenders provided $31.4 million in government-guaranteed financing to Wisconsin small businesses in January. That’s down from the December number but higher than the January levels of the last few years, the Milwaukee Journal Sentinel reported.
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Bankers Hope Regulators Ease Policies
Posted on February 8th, 2010 No commentsAfter a joint statement from federal regulators on small business lending, Wisconsin bankers said they are hopeful, but not confident, that regulators will ease policies that discourage lending to small businesses. Read more in the Milwaukee Journal Sentinel.
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SBA Loan Values Up 145% in SE Wis.
Posted on February 8th, 2010 No commentsThe value of SBA-backed loans increased 145 percent, to $13.14 million in January 2010 from $5.36 million in January 2009 in Kenosha, Milwaukee, Ozaukee, Racine, Washington and Waukesha counties. The number of loans made increased to 53 from 43, a 23 percent increase, the Business Journal of Milwaukee reported.
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Wells Hiring 1,000 Brokers from Rivals
Posted on February 8th, 2010 No commentsWells Fargo plans to beef up its Wells Fargo Advisors unit by hiring 1,000 brokers from rivals and training 400 recruits new to the profession, according to the Business Journal of Milwaukee.
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Former Neenah Bank CEO Remembered
Posted on February 8th, 2010 No commentsStanley E. Severson, former president and CEO of Neenah West Bank, died Feb. 6 in Oshkosh at the age of 97. Read the obituary.