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Board asks for loan from USDA

Published 01/14/2010, The Jamestown Sun

The Jamestown Regional Airport Authority authorized an application to the United States Department of Agriculture for a loan for the proposed airport terminal project Wednesday. The request will be made for a $425,000 loan with the possibility of either a 20- or 30-year term at 4 percent interest. The loan includes refinancing a current debt of approximately $75,000 on a previous runway project.

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