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Synagro Wins Final Approval for 30 Million Bankruptcy Loan

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Bankruptcy Judge Brendan L. Shannon on Tuesday cleared waste processor Synagro Technologies Inc. to draw the full amount of a $30 million loan to keep it operating through an upcoming sale, Dow Jones Daily Bankruptcy Review reported today. The judge had already authorized Synagro to draw $15 million of the loan shortly after the company sought chapter 11 protection last month.