WASHINGTON - The Resolution Trust Corp. said it has completed the sale of a nonperforming commercial loan of the failed Ensign Federal Savings Bank, New York, for $311,500.

The loan, backed by the historic Renaissance Ballroom in Harlem, was purchased by Renaissance Complex Redevelopment Corp.

The ballroom, a jazz and blues club in the 1920s and 1930s, was more recently a banquet hall.

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