On May 24, 2007, the Foundation closed a $77,400 loan to the Zebulon Downtown Development Authority for the renovation of a building located at 420 Thomaston Street in downtown Zebulon. The DDA provided a simultaneous loan to A Novel Experience, Inc., the project's developer. The completed project now houses a bookstore.
Project Cost: $267,279 GCF Loan Amount: $77,400