Mobridge Regional Hospital expansion to start in 2021

John Ayoub, CEO of Mobridge Regional Hospital and Clinics
John Ayoub, CEO of Mobridge Regional Hospital and Clinics

USDA Rural Development has announced approval of $37.5 million for a planned expansion project at Mobridge Regional Hospital. The hospital will utilize a direct loan of $30,074,000 and a guaranteed loan of $7,518,000, leveraged with an applicant contribution of $5,000,000 for a total project cost of $42,592,000, to renovate and expand their existing facility. The expansion is designed to enhance p…