Pioneers Medical Center in Meeker, Colorado successfully closed a $35,000,000 tax-exempt loan to fund the expansion of their facility.

The loan provides $9 million for new construction of an orthopedic suite as well as refinances their Series 2013A & 2013B loans for a reduction in annual debt service of $567,500.

Pioneer Medical Center’s mission is to be a vital, progressive health care provider, performing with skill, pride and compassion, partnering with its growing community and empowering people to achieve optimal health.

Choice Advisors served as Pioneers Medical Center’s advisor on the loan to finance this project.