MANCHESTER, N.H.-St. Mary's Bank has a history of great success with innovations, but a program launched this summer to provide micro loans to entrepreneurs has so far fallen flat.

St. Mary's runs a number of projects through its Community Outreach program, but its "Small Business Community Outreach Loan," which offered loans of up to $5,000 to small businesses through a partnership with abi Innovation Hub, a local not-for-profit for entrepreneurs, has not yet seen any loans approved. ("Micro-Loans Target Would-Be Entrepreneurs," July 18).

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