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Athens-Clarke County, Creature Comforts Expansion
Closing Date: May 27, 2016
In May 2016, GCF provided a $340,000 GCF-SSBCI loan to Creature Comforts Brewing Company, LLC to partially finance the purchase and installation of equipment for a craft brewery in downtown Athens. Athens First Bank & Trust also provided financing for this project. The total project cost is $857,321.
Project Details
Loan Recipient
Athens Downtown Development Authority
Sub-Recipient
Creature Comforts Brewing Company, LLC
Project Cost
$857,321
GCF Loan Amount
$340,000
DD RLF Loan Amount, if any
Project Use
Craft brewery equipment
After
Foundation Project Impacts
335 New Downtown Businesses
2196 New Jobs Downtown
$208 Million in Private Investments
8 Cultural Facilities
347 Downtown Housing Units
157 Hotel Units Downtown
1,600,000 Redevelopment Floor Area sf
229,000 New Construction sf