GEORGIA

David Skinner, Executive Director
Georgia Development Authority
1890 Highway 138 NW
Monroe, GA 30655-5656
Telephone: (770) 207-4250 FAX: (770) 2074257
E-mail: david@gdaonline.com
Website: www.gdaonline.com
Organization Began: 1954

Program/Project Title: Insured Farm Loans
Program Began: 1954
Contact Person: David Skinner
Cost/Funding: Self-supporting
Target Group: Stable Georgia farmers and small agribusinesses
Description: The Authority has an active insured loan program for agricultural capitol purposes. These loans, which are made for a term as long as 20 years, are at a variable rate determined by prime plus 1/2 percent and LIBOR plus 2 percent adjusted annually.

New Programs Under Consideration: Expansion of existing programs and renewal of the Beginning Farmer Program

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