BB&T Corp., Winston-Salem, N.C., has donated a $1.1 million grant from the U.S. Treasury to the nonprofit Center for Community Self-Help, which acts as a secondary market for affordable mortgage and small-business loans.The grant, from the Treasury's Community Development Financial Institutions Fund, was awarded to BB&T in recognition of a $10 million low-interest loan it made to the Durham, N.C.-based nonprofit group in June, BB&T said. "[Bank Enterprise Award] grants such as this one are critical to building Self-Help's loan capital base, so we're able to respond quickly to community needs," said Martin Eakes, chief executive officer of the center. BB&T can be found on the Web at http://www.bbandt.com.
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