By LOU ANTONELLI
Managing Editor
A Houston-based bank last week
approved a $14 million loan for the construction of Clarksville General
Hospital.
A spokesman for the group which
is bringing the hospital to Red River County said Friday they changed financial
institutions because they were dissatisfied at the pace the loan was moving to
disbursement.
Abu Tariq, regional president for
Wallis State Bank in Dallas, said its Loan Committee approved the $14 million
for Clarksville General Hospital on Friday; the entire project cost is $22
million.
Wallis Bank is probably a better
fit for the hospital’s financing, he said. It was founded in 1903 in Wallis.
“It’s a small town, close to
Houston,” he said. “We’ve always been a community bank. We believe in giving
back to the community.”
Wallis State Bank was recognized
as one of the top performing community banks by in the nation by the
Independent Community Bankers of America in 2016.
Tariq said he believed the
Clarksville General Hospital financing was slowed up when the original bank
that made the loan was bought up.
“I think they put a freeze on
everything that had been approved,” he said.
A spokesman for the Clarksville
General Hospital group said they were satisfied Wallis State Bank would love
the loan ahead “more aggressively.”
There is still paperwork to be
filed because of the loan guarantees from the USDA, but construction may start
as early as June, he said...
(Pick up a copy of this week's Clarksville Times to read the complete story.)
That is wonderful. I know we hear it is going to happen and then see no results, but even a sliver of a chance is better than no chance. To all the negative people I have a question for you. Have you prayed and asked God to bring this hospital here? Stop putting negative energy toward it won't happen and start putting positive energy into it happening.
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