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Boston’s only black-owned newspaper plans to resume publication – both in print and on the Internet.

The 44-year-old Bay State Banner had suspended publication earlier this month, blaming a steep drop in advertising.

The paper announced on its Web site Thursday that because of “overwhelming support” from readers and the Boston community, it will be able to restart publication starting with the Aug. 6 edition.

The announcement came after publisher Mel Miller said he would accept Boston Mayor Thomas Menino’s offer of a $200,000 loan from the city to avert the shutdown of the financially struggling weekly.

Miller has said he’ll maintain the paper’s independence despite the loan.