- Associated Press - Wednesday, October 26, 2016

OKLAHOMA CITY (AP) - Three electric cooperatives in Oklahoma will receive more than $40 million federal loans for construction, improvement and repair projects.

The loans are part of $3.6 billion in loans to 82 projects in 31 states announced Wednesday by U.S. Department of Agriculture Secretary Tom Vilsack.

Central Rural Electric Cooperative will receive $15.7 million to build or improve 34 miles of line and Southeastern Electric Cooperative will receive nearly $11.7 million to build or improve 276 miles of line while Harmon Electric Association in Oklahoma and Texas will receive just more than $13.8 million to build or improve 534 miles of line and for restoration projects due to storm damage.

The loans are provided through the Electric Program of the Rural Utilities Service, which is the successor to the Rural Electrification Administration.

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