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Three Colorado community banks have received a total of $70.6 million as part of the next wave of funding provided through the Small Business Lending Fund, the Treasury Department said Wednesday.

The banks are Steele Street Bank of Denver, which received $11.4 million; CoBiz Financial of Denver, parent of Colorado Business Bank, which received $57.4 million; and CIC Bancshares of Greenwood Village, which received $1.8 million.

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