Grant & Loan Awards: Elbert County


ESB

Elbert County

ESB Fund: $25,000

Awarded: 12/20/2006

Applicant: Pinnacle Bank (Jeff & Katy Inc.)


Description:
ESB loan guarantee to assist with business expansion, purchasing and setting up new equipment for JKI. JKI, owned by Jeff and Katy Wright, is an existing metal fabrication business in Elberton that makes fiberglass products for many local granite industries as well as for other businesses. JKI makes pneumatic stone turners which are designed to sit in a conveyor line and allows a material to be flipped and/or turned without the use of a crane. Pinnacle Bank in Elberton is the lender.


Total Budgeted Project Cost: $50,000


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