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J.P. Morgan Chase To Increase Detroit Investment By $50 Million

J.P. Morgan Chase & Co. announced a $50 million increase in the $100 million investment the bank committed to economic development and neighborhood stabilization in Detroit during the depths of the city's historic bankruptcy three years ago. Half will be grants and the other half is going to toward a variety of loan funds for small business growth.

Read the whole story at Crain's Detroit Business »

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