•November 4, 2015•

Two regions of rural Illinois will see projects focused on business growth move forward, thanks to a total of $550,000 in low interest loans provided by USDA Rural Development through the local electric cooperatives.

Jo-Carroll Energy Inc., serving several counties in northwest Illinois, received a $447,155 loan to finance the construction of a potato handling facility that will support an estimated 45 jobs. Norris Electric Cooperative, serving multiple counties in south central Illinois, received a $102,845 loan to finance the construction of an office and warehouse for a seed and chemical sales business. Building the 9,600-square-foot facility will enable the business to begin hiring now and plan for future job creation over the next five years.     Login or Subscribe to read the rest of this story.