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MegadealsSubsidy Tracker Individual Entry
Company: Piedmont Hotel Owner, LLC
Parent Company:
Subsidy Source: local
Location: Georgia
County: Fulton
Project Description: Finance the redevelopment of a 1960s era motor lodge to a boutique hotel composed of approximately 162 guest rooms and approximately 48 commercial suites in another existing 2,000 square foot building on a 3.5 acre site to be located at 1944 Piedmont Circle in Fulton County, Georgia
Year: 2017
Value of Loan, Loan Guarantee or Bailout Assistance: $43,000,000
Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information.
Program Name: Fulton County: Bond Financing Program
Awarding Agency: Development Authority of Fulton County
Type of Subsidy: loan or bond financing
Number of Jobs or Training Slots: 85
Source of Data: Direct from agency; not on web
Notes: Year is year of award issuance. Subsidy is the amount of bond. Jobs are projected permanent jobs. The bonds are tied to property tax abatements.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.