Grant & Loan Awards: Laurens County


ESB

Laurens County

ESB Fund: $100,000

Awarded: 11/10/2005

Applicant: Bank of Dudley (Middle GA Biofuels)


Description:
ESB loan guarantee to support Middle Georgia Biofuels, Inc., located in East Dublin. Middle Georgia Biofuels, Inc., is a start-up venture that is engaged in the research and production of alternative fuels. The proposed use of the loan proceeds from Bank of Dudley is to provide start up capital, building renovation, equipment and inventory supplies for the biodiesel facility.


Total Budgeted Project Cost: $200,000


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