USDA gives Tennessee $4M in rural development aid

USDA gives Tennessee $4M in rural development aid, including new factory in New Tazewell

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Associated Press

NASHVILLE (AP) - The Agriculture Department has announced more than $4 million in grants and loans for four rural development projects in Tennessee.

The projects include a $1 million loan to help expand a manufacturing plant in Selmer, a $2 million loan to build a manufacturing plant in New Tazewell, a $1.36 million loan to turn the old Carthage General Hospital into an assisted living facility and a $42,000 grant to build a regional farmers market in Brownsville.

All of the loans are for 10-year terms at zero interest.

Deputy Undersecretary for Rural Development Doug O'Brien announced the awards on Thursday. The Tennessee loans and grants are part of a larger package of rural development projects across the country totaling $17.6 million.

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