CONTRACTAPPROVED

Dooly County School District Awards $2,000,000 Line Of Credit Contract to South Georgia Banking (November 2024)

Disclosed value: $2,000,000.00; From meeting minutes
Approved: Nov 21, 2024

What it covers

Dooly County authorized a $2,000,000.00 line of credit with South Georgia Banking Company to offset a deficiency in cashflow due to property tax delays, with an interest rate of 5.00%.

Who holds it

South Georgia Banking holds this line of credit contract with Dooly County School District. Its other public contracts on record include work for Dooly County and Town of Dooling.

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Contract details

Contract type: Line Of Credit
Amount: $2,000,000.00
Document date: November 21, 2024
Term: NA
Vendor: South Georgia Banking
Agency: Dooly County School District
Source document: dooly-county-school-districtmeeting-minutes2024-11-21_ebd.pdf (Meeting Minutes)

South Georgia Banking's other public contracts

Dooly County, GeorgiaSouth Georgia Banking Company new checking account LMIG · Aug 15, 2025Undisclosed Dooly County, GeorgiaBank account for SPLOST funds approved. · Dec 5, 2024Undisclosed Town of Dooling, GeorgiaChecking account approved at South Georgia Banking Company · Dec 5, 2024Undisclosed Dooly County School District, GeorgiaDooly County Bank Account for SPLOST Revenues · Dec 5, 2024Undisclosed Town of Dooling, GeorgiaDooly County Secures $2M Line of Credit · Nov 21, 2024$2M All South Georgia Banking contractsVendor profile

More Dooly County School District contracts

NADooly County transitions to new alert system. · Aug 15, 2025Undisclosed Resource ManagementRMS transit program agreement is approved. · Aug 15, 2025Undisclosed NASolid Waste proposal #2 acceptance pending contract. · Aug 15, 2025Undisclosed Accg Safety ActionGrant helps county buy safety equipment · Aug 1, 2025$4K Cordele Judicial Circuit Public DefenderCordele Defender Office's Funding Request Approved · Apr 3, 2025$53.5K All Dooly County School District activityAgency profile

Questions about this contract

Who was awarded the line of credit contract by Dooly County School District?

South Georgia Banking was awarded this line of credit contract by Dooly County School District, as recorded on November 21, 2024. The contract value is $2,000,000.00.

How much is the South Georgia Banking contract with Dooly County School District worth?

The South Georgia Banking contract with Dooly County School District is valued at $2,000,000.00, covering line of credit work.

What type of contract is this?

This is a Line Of Credit contract, documented as a meeting minutes record.

Where was this contract approved?

This contract appears in dooly-county-school-districtmeeting-minutes2024-11-21_ebd.pdf (Meeting Minutes), dated November 21, 2024 from Dooly County School District. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does South Georgia Banking hold?

South Georgia Banking may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Dooly County School District currently buying?

Explore Dooly County School District's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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