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+ farming families that have had several difficult financial years in a row due to weather and low commodity pricing. Premium Peanut has also delivered back over $11 million dollars in dividend payments to these farming families in the last two years. Many lives and families have been impacted by the jobs and profits generated by Premium Peanut.

Marshall Spivey, CFO, Premium Peanut, Douglas, Georgia, on the project.