Butte’s Praxis Center in need of more loan funding

At the Council of Commissioners’ meeting, Butte Local Development Corp requested permission to lend $221,959 as part of an $881,937 total financing packaging to the Praxis sim holdings LLC.

“The purpose of the loan is to secure this property which will be used to build the proposed Praxis Center,” said Mike Archer.

The Praxis Center is a medical simulation training facility that will focus on the needs of and train rural healthcare workers from all over the country.