Grant & Loan Awards: Habersham County


Habersham County

Equity Fund: $300,000

Awarded: 06/13/2006

Applicant: Cornelia, City of

Equity funds to support the retention and expansion of GlobalTech Industries, Inc., and Applegate Insulation Systems. These businesses have committed to retain 267 jobs, create 20 new jobs and provide $3,000,000 in new private investment (Applegate). At least 20 additional businesses located along US Highway 441 are in need of public sanitary sewer due to failing septic systems. These sewer improvements will allow businesses to expand, eliminate existing environmental health threats and provide adequate sewer capacity for future growth.

Total Budgeted Project Cost: $1,065,380

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