Grant & Loan Awards: Worth County


Equity

Worth County

Equity Fund: $125,000

Awarded: 07/24/2006

Applicant: Worth County Economic Development Authority


Description:
Equity funds to assist Southern Heritage Woodworks, Inc., with building acquisition. The Equity funds would be used to assist in purchasing an existing 45,000 square foot facility on 13.83-acres within the Worth County 112 North Industrial Park. This project will create 16 new full-time jobs in addition to the 9 current positions and generate private investment of $370,000.


Total Budgeted Project Cost: $688,500


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