Southeastern Electric Loans

Sunset Manor/Sunset Villas
Sunset Manor/Sunset Villas Photo

129 Clay Streeet
Irene, SD 57037
US
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Category:  Southeastern, Healthcare, Cooperatives


Sunset Manor received a 0% loan from Southeastern Electric using USDA’s REDL&G program to assist with construction of an assisted living facility and medical clinic in Irene, SD, population 420. The facility has eight (one and two bedroom) apartments and a common dining room. The Manor operates the facility. The clinic is operated by a regional health care system. To assist with interim financing, a REED loan was also made to Sunset Manor.




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