Jeff Bingaman United States Senator from New Mexico

WASHINGTON – U.S. Senator Jeff Bingaman today announced that a Sierra County business has been approved for a $500,000 loan from the federal government.

MBJ Packing Company, LLC in Arrey will use the loan to pay off four existing loans and loan fees and for working capital.  The loan will help retain seven existing jobs and create 22 more positions at the business.

"This loan comes at a time when capital is hard for many small businesses to access.  This investment will not only support existing jobs, but will create almost two dozen jobs in Sierra County," Bingaman said.

Funding was provided through the U.S. Department of Agriculture's Rural Development office.