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June 23, 1995 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Government Funding Corp., one of Southern California's leading Small Business Administration lenders, was sold Thursday to Pasadena-based CenFed Financial Corp. for $90 million in cash, according to Sidney Moray, chief executive of Government Funding. Government Funding, owned outright by Moray and his family, has originated nearly $1 billion of SBA-guaranteed loans to California small businesses since Moray founded it 15 years ago.
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BUSINESS
June 23, 1995 | THOMAS S. MULLIGAN, TIMES STAFF WRITER
Government Funding Corp., one of Southern California's leading Small Business Administration lenders, was sold Thursday to Pasadena-based CenFed Financial Corp. for $90 million in cash, according to Sidney Moray, chief executive of Government Funding. Government Funding, owned outright by Moray and his family, has originated nearly $1 billion of SBA-guaranteed loans to California small businesses since Moray founded it 15 years ago.
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BUSINESS
April 12, 1990
Bond prices rose in response to a temporary drop in oil prices and a rumor about trouble at a major bank, traders said. The Treasury's benchmark 30-year bond rose 3/16 point, or about $1.88 for every $1,000 in face amount. Its yield, which declines when prices rise, fell to 8.57% from 8.59% late Tuesday. Bond prices were hurt Tuesday when the sale of $3.5 billion worth of bonds by the government's Resolution Funding Corp. did not go as well as expected.
REAL ESTATE
February 18, 1990 | RON GALPERIN, Galperin is a Los Angeles-based free-lance writer who has covered the commercial real estate scene for several years
Forget most of what you've heard about the U.S. Small Business Administration and its loan program, say local lenders. Borrowers looking for start-up capital or a loan without collateral need not apply. Borrowers turned down elsewhere for insufficient credit are out of luck too, they add. But if it's a commercial real estate loan you want, the SBA may have just the deal you've been looking for, said Sidney Moray, chief executive officer of Government Funding Corp.
NEWS
July 6, 1986 | DONNA ST. GEORGE, Times Staff Writer
When Councilwoman Vera Robles DeWitt filed personal and corporate bankruptcy actions in 1984, she failed to disclose campaign contributions made on her behalf by two companies in which she held an interest, public records show. A comparison of DeWitt's filings in U.S.
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