Over the past four months, BankAmerica Corp. has consolidated the approval and administration of small-business loans in California and five other western states into a processing center in Pasadena, Calif.

The centralization is a big step in the $232 billion-asset company's transition to a more computerized method of handling small-business loans. Indeed, BankAmerica, which is based here, plans to consolidate small- business loan processing for all its 11 states in Pasadena by yearend.

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