California to get $1.5-billion loan from JPMorgan Chase Los Angeles Times The loan would help the state end its IOU program a month ahead of schedule. It would be repaid in late September and thus poses little risk to the bank. … California secures $1.5 bln loan to end IOU program Forbes Loan will let Calif. end IOU program early United Press International Calif. Market Close: Tax-Exempts Finish Flat; JPMorgan Loans Calif … Bond Buyer FOXBusiness . . . → Read More: California to get $1.5-billion loan from JPMorgan Chase – Los Angeles Times