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And some of those who plan on entering public service may be able to have their employers pay off some of their Perkins loans. For example, he said Monday, his father gave him a small loan of a million dollars that he had to repay with interest at the start of his career. Guaranty Bank charges a flat $30 each time a customer applies for the loan. An example would be if customers pay off their loan in 3 days then they will only pay 3 days worth of interest. California Bank of Commerce offers a full range of loan products tailored to meet the needs of privately-held companies.

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