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Floyd County Commissioner Recognized for Academic Achievement

Press Release December 6, 2021 , by
ATLANTA, GA. (December 2, 2021) – ACCG, Georgia’s County Association, recently awarded Floyd County Commissioner Larry Maxey with a certificate for successfully completing the requirements for the County Operations and Management specialty track in the Lifelong Learning Academy. Commissioner Maxey was honored during the ACCG County Reconnect Conference at the Savannah Convention Center in Chatham County.
ACCG and the Carl Vinson Institute of Government at the University of Georgia have collaborated for more than two decades to provide county officials with supplemental training and educational tools in the Lifelong Learning Academy. With abundant courses to choose from, every county official has a tailor-made learning experience that allows them to excel in specific areas of expertise.
“County officials are faced with many challenges and ever-evolving circumstances under which they must govern Georgia’s local communities,” said Dave Wills, ACCG’s Executive Director. “The Lifelong Learning Academy was created to help them navigate those challenges. I commend county leaders such as Larry Maxey who take full advantage of educational opportunities to further their knowledge on how to better serve their communities.”
The Lifelong Learning Academy was created with input from county commissioners who identified courses based on the issues and decision-making challenges regularly faced by county officials. To ensure the course requirements and curriculum remain relevant and engaging, the ACCG Lifelong Learning Committee – comprised of county commissioners and staff from both ACCG and the Carl Vinson Institute of Government at the University of Georgia – meet regularly to review and adjust accordingly. Through this collaborative approach, the Lifelong Learning Academy has been successful in equipping county officials with the necessary skills to meet the needs of their constituents.
Chair of the Floyd County Commission, Wright Bagby stated “It is a pleasure to work with Larry Maxey, and the main reason is that he never quits learning about County Government. His efforts to stay on top of issues and to keep our Commission informed about his areas of responsibility are invaluable in making Floyd County great.”
Commissioner Maxey stated “I am happy to be the first to complete this achievement, and to know that the entire commission is dedicated to continuing this education. I appreciate ACCG for offering this training so that we may better improve our service to the community.”
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ACCG is Georgia’s county association and works on behalf of county officials and their communities by providing public policy and legislative advocacy, leadership development, civic and community engagement initiatives, insurance and retirement programs that specialize in local government needs and other cost-saving programs. Formed in 1914 when county officials came together to help fund the state’s first highway department, ACCG today serves as a catalyst for advancing Georgia’s counties. For more information, please visit accg.org.

Gov. Kemp and UGA Provide Overview of CARES Act Funding

Business, News April 2, 2020 , by
Kemp national guard

Atlanta, GA – Today Governor Brian P. Kemp and the University of Georgia Small Business Development Center (SBDC) provided an overview of the funding allocated by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. This critical funding will help small businesses keep workers employed during the current COVID-19 pandemic.

Through the University of Georgia’s 17 Small Business Development Centers (SBDC), in conjunction with the Georgia Department of Economic Development (GDEcD) and Department of Community Affairs (DCA), the state has launched an information website to provide guidance on accessing a variety of U.S. Small Business Administration (SBA) programs.

Beginning April 6, these state partners will host a series of web-based information sessions tailored to each region of the state. In addition, SBDC will be available to assist businesses, where necessary.

The CARES Act provides funds for SBA to aid small businesses through its network of private small business lenders. Georgia has more than 70 qualified SBA lenders, and detailed information about the following vital lending programs can also be found HERE.

“Small businesses are the engine of Georgia’s economy and provide economic opportunity for millions of Georgia families,” said Governor Kemp. “As we continue to fight the spread of COVID-19, this critical resource will provide a lifeline to small businesses across our state. I am encouraging all Georgians to support their local businesses in this difficult time. We will get through this together.”

“The Georgia Department of Economic Development is continuing to work with our partners statewide to confront COVID-19 and move forward together,” said GDEcD Commissioner Pat Wilson. “We thank Governor Kemp, DCA, and SBDC for working together with us to better and more efficiently serve our state’s small businesses at this time of great need.”

“DCA is proud to work with our state partners to support the small businesses that are such a vital part of the communities we serve,” said DCA Commissioner Christopher Nunn.

“The University of Georgia has a strong track record of helping to develop new small businesses across the state. Assisting these firms to navigate COVID-19 aligns perfectly with our land-grant mission,” said UGA President Jere W. Morehead.

Kemp and UGA’s SBDC released a list of SBA lenders.

Small Business Paycheck Protection Program (PPP)
A new $349 billion lending program under the existing SBA 7(a) program. The SBA guarantee of PPP loans will be 100 percent through the end of 2020. PPP loan payments will be deferred for a minimum of six and up to twelve months. Loans will be administered through local and regional banks; any federally regulated bank may become an SBA lender for this purpose. The Department of the Treasury will issue regulations for these loans quickly.

▪ Eligibility: Small businesses as defined by SBA size standards, generally up to 500 employees, but up to 1,500 depending on the sector; sole proprietors, the self-employed, and independent contractors.
▪ The interest rate will not exceed 4 percent; currently fixed at 0.5 percent.
▪ Regulatory streamlining: SBA’s standard “no credit elsewhere” test is waived, no personal guarantee or collateral required, and no additional fees will be applied to these loans.
▪ Size of loans: Up to $10 million. Loan amount is based on recent payroll costs, compensation paid to individuals, including those who are self-employed. Compensation in excess of $100,000 per year to any individual is excluded.
▪ Requirements: The business must certify the loan will be used to retain workers, maintain payroll, make mortgage or lease payments, and pay utilities.
▪ Loans may be forgiven, up to an amount equaling eligible payroll, mortgage interest, rent and utility cost, incurred during the eight-week period starting from the loan origination. Compensation in excess of $100,000 a year to any individual will not qualify for forgiveness. Additionally, loan forgiveness is reduced by layoffs or pay reductions in excess of 25 percent, and loan forgiveness is not treated as taxable income.

Emergency Economic Injury Disaster Loan (EIDL) Advance

▪ Eligibility: Advances are available to small businesses, sole proprietors, independent contractors, tribal businesses, as well as cooperatives and employee-owned businesses in operation on January 31, 2020.
▪ For those that apply for the EIDL, an advance of up to $10,000 will be provided to small businesses within several days of applying for the loan.
▪ The advance does not need to be repaid, even if the grantee is subsequently denied an EDL.
▪ Funds can be used to provide paid sick leave to employees, maintain payroll, meet increased production costs due to supply chain disruptions, or pay business obligations, including debts, rent, and mortgage payments.

Economic Injury Disaster Loan (EIDL)

▪ Eligibility: Businesses with 500 employees or fewer. This includes sole proprietorships, independent contractors, cooperatives, ESPOs, and tribal small businesses with <= 500 employees.
▪ Up to $2 million can be provided to help meet financial obligations and operating expenses that could have been met if the disaster did not occur.
▪ Loans can be made based solely on credit scores.
▪ The interest rate on EIDLs will be 3.75 percent interest rate for small businesses.
▪ The first twelve payments will be deferred and not become due until one year after the original disbursement. Interest does not accrue during this time.
▪ The term of these loans will be up to thirty years.

7(a) Loan Payment Relief

SBA will pay the principal, interest, and any associated fees owed on 7(a) loans as follows:

▪ Existing borrower not on deferment: six months beginning with the next payment due on the loan;
▪ Existing borrower on deferment: six months of payments beginning with the next payment due on the loan after the deferment period; and
▪ New borrower: six months of payments beginning with the first payment due on the loan, but only for new loans made within the first six months starting from the date of enactment.

Should you need assistance, the UGA Small Business Development Center offices across the state are open and available. Contact information for every office is available HERE.

Earlier today Kemp released details on Medicaid and Peachcare waiver. 

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