Southeast Georgia Blueberry
Financing for a blueberry processing venture located in Douglas, Georgia, a rural, economically distressed community.
Georgia Premium Peanut
The development of the Premium Peanut shelling facility in Douglas, Georgia, aims to bring more stability to these farmers by helping them gain better access to the market, improve their profitability, and help smooth out the common boom or bust cycles through vertical integration.
Synergy Solutions
Reopening and modernization of a shuttered recycling facility to provide 1) municipal waste recycling, and 2) ethanol produced from expired sugar-based beverages, such as soft drinks and alcohol.
Marshall Spivey, CFO, Premium Peanut, Douglas, Georgia
The NMTC loans have assisted Premium Peanut with creating 200-210 direct jobs and 50-60 indirect jobs in our rural community in South Georgia. This type of job creation is difficult to generate in rural areas and financing is difficult to obtain for brand new/start-up businesses. Premium Peanut is a co-op model business owned by 370+ […]