Toombs County Revolving Loan Funds Available
The Toombs County Development Authority, on behalf of Toombs County, is currently accepting preapplications for low interest funds under the Revolving Loan Program. Successful applicants will have demonstrated new job creation/retention, private capital investment, and provision of jobs to low and moderate income persons. Funds must be used only in the corporate limits of Toombs County. Eligible activities include: acquisition of real property; acquisition, construction, reconstruction, rehabilitation, or installation of buildings; infrastructure, site improvements, and utilities; and commercial or industrial buildings or structures and other commercial or industrial real property and improvements. Ineligible borrowers include passive income companies, lending and investment institutions, unregulated media, speculative ventures and charitable organizations.
To obtain a pre-application and to learn more about program requirements and eligibility, individuals may contact Michele Johnson at 912.537.4466 or michelej@ greatervidaliachamber.com.