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Small businesses in low-income, majority minority neighborhoods in the Chicago area were less likely to receive loans between 2008 and 2012, according to a report from the Woodstock Institute, recipient of the MacArthur Award for Creative and Effective Institutions. The report, which examines geographic patterns of access to bank capital for business in the Chicago region, asserts that if loans had been made in proportion to the percentage of active businesses in the area, the businesses in those majority minority areas would have received more than 34,800 more loans reaching almost $1.5 billion.