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Georgia Green Loans Save and Sustain Program

Eligibility 
Agricultural
Commercial
Program Info
Funding Source 

U.S. Small Business Administration; others funding sources based upon location

Start Date 

4/1/2010

State 
Georgia
Program Type 
Other Incentive
Provider 
Georgia Green Loans

Georgia Green Loans, a non-profit microlending agency, offers funding to "green" businesses using funding from a Georgia Environmental Finance Authority (GEFA) grant. The GEFA grant is based on State Energy Program funding from The American Recovery and Reinvestment Act of 2009 (ARRA). Georgia Green Loans is using this funding for the "Save and Sustain" program to subsidize commercial energy audits for Georgia small businesses and commercial property owners, and to provide low-interest loans for energy-efficient improvements. Georgia Green Loans will cover most of the costs for commercial energy audits through a select group of energy auditing partners, allowing businesses to inform decisions on energy efficiency improvements.

Loan amounts range from $500 to $35,000 and loans may be used for a variety of technologies, including HVAC systems, insulation, and Energy Star appliances. The maximum term of the loan is five years. Loans are available to renewable energy and energy efficiency businesses, in addition to other types of "green" businesses.