Grant & Loan Awards: Richmond County


Equity

Richmond County

Equity Fund: $275,000

Awarded: 07/13/2006

Applicant: Central Savannah River Area Unified Development Authority


Description:
Equity funds to assist Walton Holdings, LLC, with the purchase and renovation of the Partridge Inn, a historic hotel built in 1861 located on Walton Way in Augusta. The Equity funds would be used for building improvements to this historic hotel that will aid the area's tourism efforts. This renovation project will create 53 new FTE jobs.


Total Budgeted Project Cost: $13,676,000


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