Money Squabble in Boston Snares Black Church, Bank
In October 2006, according to information provided by the bank, Charles Street AME was granted two loans: a $ 1.5 million church loan that was to be repaid in full in five years; and a $ 3.6 million construction loan that matured in 18 months and for …
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Charles Street AME church bankruptcy case resumes
The historic Roxbury church is seeking to restructure nearly $ 5 million in loans it owes OneUnited, and to pay the money back over 30 years at an interest rate of 5.25 percent. A few dozen church members of the church are in attendance at the …
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