GEORGIA
David Skinner
Georgia Development Authority
2295 Parklake Dr., Suite 550
Atlanta, GA 30345
(770) 414-3400
FAX (770) 414-3407
www.GDAOnline.com
david@GDAOnline.com
Organization Began: 1954
Insured Farm Loans
1954
David Skinner
Self-supporting
Stable Georgia farmers and small agribusinesses
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 hopefully renewal of the Beginning Farmer Program.
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