Grant & Loan Awards: Sumter County


ESB

Sumter County

ESB Fund: $39,500

Awarded: 08/28/2006

Applicant: Sumter Bank & Trust (Fuze Technologies)


Description:
ESB loan guarantee to support Fuze Technologies, Inc. Fuze is a start up wireless broadband internet service provider offering high speed, wireless internet service in parts of Sumter County. Fuze is using the latest, fastest technology available which is faster and cheaper than the wireless services offered by cellular phone companies in the area. Targeted markets include Georgia Southwestern State University and the South Georgia Technical College as well as individuals and businesses, expecially in areas not currently served by DSL. The loan by Sumter Bank and Trust in Americus will allow the business to purchase equipment, inventory, furniture and fixtures.


Total Budgeted Project Cost: $79,000


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