IADG Secures $1 Million for Iowa Projects

IADG received some great news for rural Iowa projects recently with the approval of two financing packages from USDA Rural Development. Precision Pulley & Idler received a $702,000 pass through loan to help purchase a building in Corning. The application was sponsored by CIPCO. The second application was a $300,000 loan for the Kossuth Regional Health Care facility in Algona that Corn Belt Power Cooperative sponsored.

Contact Bruce Nuzum, Vice President Finance if you have questions about the USDA Rural Development funding tools and programs.