Loan given to senior living facility

East Central Energy is supplying a loan of $250,000 in gap financing to Pine City Senior Living, LLC, for the construction of a 103-unit senior living facility on a six-acre site located on Northridge Drive in Pine City (north of Welia). ECE’s revolving loan fund, supported by the USDA Rural Economic Development Loan & Grant Program, underscores the co-op’s commitment to local economic development. Pictured from left: John Bosman (ECE), Jeff Borling (Great River Energy), Peter Jesh (Silver Creek Equity), Justin Jahnz, and Mark Nelson (ECE).

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.