Business

SE Ind. REMC receives $5M loan guarantee from USDA

By Washington Examiner
Published October 17, 2014 8:05am ET
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INDIANAPOLIS (AP) — A southeastern Indiana electric cooperative is receiving a $5 million federal loan guarantee to improve delivery of its power.

The grant to the Decatur County REMC is one of $1.4 billion in loan guarantees announced Thursday by the U.S. Department of Agriculture.

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