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Posted Dec 22, 2008 FOCUS ON MINORITY BUSINESS MIDC stops making new loans By William Hamilton PBN Staff Writer The Minority Investment Development Corp. – a for-profit lender catering to “underserved” small businesses – says it has stopped taking loan applications and is considering an overhaul of its operations. “I think everybody has found that this is more of a high-risk economy than usual,” said Denise Barge, left, the Providence-based firm’s executive director. More » This item is available in full to subscribers. Please log in to continue.