WASHINGTON — Financial services companies and others have purchased $673.6 million of commercial and disaster loans from the Small Business Administration in the agency’s third round of asset sales.

The SBA on Dec. 5 sold 19,033 loans with unpaid balances of $1.1 billion. The agency has collected a combined $1.4 billion since it began selling its performing and nonperforming portfolios in August 1999. The loan sales are part of an effort to cut the balance of SBA-held loans by up to $10 billion over the next three to four years.

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