The 40-year loan, with a 3.375 percent interest rate, will be used to construct a replacement facility of the current hospital, which was built in 1927.
The new facility will feature a physician center, recovery center for substance abuse treatment and 17 acute-care beds.
Sen. Harkin is a senior member of the appropriations subcommittee that funds the USDA and the Rural Development Program.
Lancaster Pollard’s office in Kansas City, Kan., facilitated the underwriting and USDA application process for Manning Regional.
More Articles on USDA Rural Development Loans:
USDA Grants More Than $6M for Telehealth, Other Health Initiatives in Rural Areas
Department of Agriculture to Give Nebraska $12.6M for Hospitals
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