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CHICAGO–(BUSINESS WIRE)–Chase (NYSE: JPM) appear today that is has exceeded its ambition of accouterment $10 billion of acclaim to American baby businesses in 2010. The loans were continued to added than 250,000 baby businesses with anniversary sales of beneath than $20 actor by Chase’s Business Banking, Bartering Cyberbanking and Business Card businesses.

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Year-to-date, Chase’s lending to baby businesses is up added than 40%. Hunt is now ranked the #1 Baby Business Administration (SBA) lender in America.

“Small businesses are putting these loans to use every day in cities and towns all beyond the country, creating jobs and allowance our abridgement get aback on its feet,” said Michael Cleary, CEO of Business Cyberbanking in Retail Cyberbanking Services.

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“Lending is the affection of our business and what drives the economy,” said Todd Maclin, CEO of the Bartering Bank. “Without credit, our audience don’t abound and we don’t grow.”

“Credit Cards are a acute foundation for baby businesses, and we are appreciative to action a apartment of business acclaim cards adherent to one thing: helping baby businesses grow,” said Richard Quigley, President of Ink from Chase.

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Following the cyberbanking crisis, Hunt has developed a cardinal of programs to advice access the aggregate of loans to baby businesses. These included:

JPMorgan Hunt additionally helps its communities in abounding added ways, including annex banking, association development lending and mortgage modifications. In addition, the JPMorgan Hunt Foundation added its giving by 50% in 2010, extending $150 actor in grants to programs that abutment Association Development, Education and Arts & Culture.

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About Hunt

Hunt is the U.S. customer and bartering cyberbanking business of JPMorgan Hunt & Co. (NYSE: JPM), which operates added than 5,100 branches and 15,000 ATMs nationally beneath the Hunt brand. Hunt has 146 actor acclaim cards issued and serves consumers and baby businesses through coffer branches, ATMs and mortgage offices as able-bodied as through relationships with auto dealerships and schools and universities. Added advice about Hunt is accessible at www.chase.com.

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Kristin Lemkau, 212-270-7454kristin.lemkau@jpmorgan.comorTom Kelly, 312-732-7007Thomas.a.kelly@chase.comorMichael Fusco, 212-270-5089michael.f.fusco@chase.com

Short Name: JPMorgan Hunt & Co

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Category Code: MSC

Sequence Number: 253929

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