SBA loans to help drought victims
ATLANTA - The U.S. Small Business Administration is offering low interest federal disaster loans to small businesses and small agricultural cooperatives located in parts of Georgia and other drought-stricken states.
"Businesses such as landscapers, marinas, motels and others that are experiencing a loss of income due to the drought can apply for an economic injury disaster loan to help with their working capital needs," said Frank Skaggs, Director of SBA Field Operations Center East.
Loans up to $1.5 million are available at 4 percent interest rate with loan terms up to 30 years. Ranchers and farmers are ineligible to apply.
For more information, call SBA's customer service center at 1-800-659-2955 (1-800-877-8339 for the hearing-impaired) Monday through Friday from 8 a.m. to 10 p.m.; Saturday and Sunday from noon to 10 p.m. Business loan applications can be downloaded from the SBA Web site at www.sba.gov/services/disasterassistance.
Kilgore promoted for Opus South
ATLANTA - Opus South Corp. promoted Will Kilgore, 30, of Atlanta to real estate manager over the Atlanta office. Kilgore served the company for two years as a real estate representative.
Opus South Corp. is developing The Terraces at Suwanee Gateway, a $300 million mixed-use project on 148 acres at the intersection of Interstate 85 and Lawrenceville-Suwanee Road.
The project will include 138 townhomes, 340 apartments, 580,000 square feet of office space, 360,000 square feet of retail space, 14 retail outparcels and a hotel with conference center.
The project should be completed in less than five years. The development is on the former site of the Atlanta Falcons training facility.
Company donates software to college
LAWRENCEVILLE - Gwinnett Technical College's accounting students will use industry-standard accounting software thanks to a donation from Sage Software.
Sage Software recently donated more than 2,500 copies of Peachtree Complete 2007, a popular software program in the accounting industry. Each copy of the software normally retails for $299.
Students will be able to take the software home with them.
"This is a really nice thing for our students to have," says Lanny Nelms, GTC program director for accounting. "This product is the same software that they will be using in the real world."
Doug Meyer, president of Sage Software, is on the GTC Board of Directors.
In addition to the donation to GTC, about 400 copies were recently distributed to teachers at technical colleges across the state.
Bowen Family Homes wins OBIEs
ATLANTA - Bowen Family Homes won three OBIE awards recently at the 2007 Greater Atlanta Home Builders Association's 27th Annual OBIE Awards.
An OBIE is an award earned on the basis of professionalism.
Bowen's home builder's sales and marketing staff was the big winner, receiving three gold OBIEs, while the company won silver for community service with the Healing House at Freeman Crossing in Gwinnett County.
Bowen Family Homes has about 15 communities across Gwinnett County.