Senators Collins, King Announce $2.2 Million Guaranteed Loan for Katahdin Valley Health Center

Senators Susan Collins and Angus King announced that the Katahdin Valley Health Center has been approved for a $2,200,000 guaranteed loan through the USDA Rural Development’s Community Facilities Guaranteed Loans program.

The loan, which was provided through a partnership with Bangor Savings Bank, will be used to fund a renovation and expansion project at the Millinocket Clinic.

“Access to high-quality, affordable health care is essential to the well-being of Mainers across the state. That’s why investing in community health centers is so important,” said Senators Collins and King in a joint statement. “This crucial financial support will improve the care Katahdin Valley Health Center provides to Mainers by creating additional space for new health services.”

The one-story, 4,200 square-foot addition will provide space for optometry, behavioral counseling, dental services, labs, exams rooms, and a pharmacy. The project is also expected to create six medical profession jobs.

The total cost of the expansion project is $2,503,035. In addition to the guaranteed loan from USDA, $303,035 will be provided by Katahdin Valley Health Center.