The Sharpsburg Area Emergency Medical Services will use the money to replace an ambulance that has over 100,000 miles.
The loan will cover 50-percent of the cost, and the company is expected to re-pay the loan over a ten year term, with a five-percent interest rate.
With discounts included, the total cost for the vehicle will be $182,752.
Before the loan was approved, officials say there was $300,000 in the Fire and Rescue Revolving Loan Fund. Officials believe there will be sufficient funds for other projects after this loan.
Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.