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GEORGIADavid Skinner, Executive Director 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, and some fixed rate loans for as long as 10 years. New Programs Under Consideration: Expansion of existing programs and renewal of the Beginning Farmer Program
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