It is the first of eight loans approved under the program to close.

Today the fund approved a $1.04 billion loan to Russia.

And it will cut the number of bankers who must approve certain loans from five to three.

Last month, the bank approved a $30 million loan to help earthquake victims.

There isn't a bank on the planet that's going to approve a loan of this size.

His loan, approved in October, made him one of the first buyers to benefit from the change.

President Underwood was prepared to approve a loan to us of $150,000,000.

"The banks have been a lot better than they were when it comes to approving loans to boat buyers, both men and women."

However, it is always up to the underwriter to make the final decision on whether to approve or decline a loan.

This information is reviewed by a lender to determine whether to approve a loan and on what terms.