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John Ayoub, CEO of Mobridge Regional Hospital and Clinics
USDA Rural Development has announced approval of $37.5 million for a planned expansion project at Mobridge Regional Hospital. The hospital will utilize a direct loan of $30,074,000 and a guaranteed loan of $7,518,000, leveraged with an applicant contribution of $5,000,000 for a total project cost of $42,592,000, to renovate and expand their existing facility. The expansion is designed to enhance…
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