5/16 Business digest

Electric cooperative approved for loan
The Farmers Electric Cooperative Inc. of Clovis has been approved by the U.S. Department of Agriculture for a $14.9 million low-interest loan from the federal government, according to news releases from the offices of U.S. Sen. Jeff Bingaman (D-N.M.) and Sen. Pete Domenici (R-N.M.).

The 35-year low-interest loan will help the cooperative provide service to 559 new consumers, build 71 miles of new distribution line and provide improvements throughout its service region, according to the news releases.

Farmers Electric Cooperative serves the counties of Curry, Roosevelt, Quay, De Baca, Guadalupe, Harding and San Miguel.

Realtor completes leadership course
Clovis Realtor Julie AlderseBaes has completed the course work to graduate from the Realtors Association of New Mexico’s LeadershipRANM program for 2005-2006, according to a news release from RANM. Through LeadershipRANM, the association seeks to identify and equip local Realtor leaders for future leadership positions in the organization and community, the news release said. Program participation is limited to 14 Realtors each year.

AlderseBaes is an associate broker with Re/Max First Place Realtors and earned her real estate license in 2004. She and her family moved to New Mexico from California 14 years ago. She serves as an officer for Republican Women and an ambassador for the Clovis/Curry County Chamber of Commerce.

Business Digest is compiled by CNJ News Editor Jean Verlich. She may be contacted at 763-6991, or by e-mail:
jean_verlich@link.freedom.com