Grassley Announces Loan for Motel Construction in West Bend


? Builders planning a 36-unit motel in West Bend have received a conditional commitment for a guaranteed loan of $800,000 from the federal government, Sen. Chuck Grassley announced today.

"Capital investment is important to the economic development of communities," Grassley said. "I'm glad to see government recognition of the value of this project in West Bend."

The U.S. Department of Agriculture's Rural Development division approved the Business and Industry Guaranteed loan for Park Hill Properties, Ltd.