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Associated Press, Published May 14 2012

USDA provides $740,000 loan for farm equipment building in Ashley

BISMARCK — The U. S. Department of Agriculture has awarded a $740,000 loan to help build a new farm equipment dealership in Ashley.

The loan was given to KEM Electric Cooperative Inc. to help LaMoure Equipment Inc. construct the new building.

USDA says the loan was one of a dozen given in nine states. The money is intended to spur economic development and to create or save jobs in rural areas.

Copyright 2012 The Associated Press.