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ESL credit union leads SBA loan program in January

ESL Federal Credit Union led in the number of 7(a) loans in the Buffalo Rochester region in January, with 17 of them, according to the Small Business Administration.

M&T Bank was second, with nine. Through the first four months of the federal fiscal year, M&T led the program, with 58 loans valued at $11.2 million. The federally backed loans help businesses that would otherwise have difficulty getting a loan to grow or expand.

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