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Exemption granted firm with stock link to Meese

The Small Business Administration granted a special exemption to Questec Capital Corporation, a company whose stockholders included the wife of Attorney General-designate Edwin Meese. The exemption allowed the firm to qualify for $5 million in federally backed loans in 1981, an SBA official said late Tuesday.

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An SBA official said he had no knowledge of any involvement by Meese or other White House officials in the decision.