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US Dept. Of Ag Approves Low-Interest Loan For O’Brien County

November 22, 2014

(Primghar)– The U-S Department of Agriculture has approved nearly 2.8 million dollars in grants and loans for rural development projects in six Iowa communities.

The O’Brien County Economic Development Corporation will receive a 500-thousand dollars loan from the Intermediary Relending Program to help provide low-interest loans to the public and non-profit organizations. Approximately 150 jobs will be created and saved as a result of this assistance.

(Story from Danielle Hitchings of sister station Y100 in Spencer).

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