Federal grants to South Georgia Banking Company
South Georgia Banking Company in Tifton, Georgia received $6.5 million in federal grants from fiscal 2021 to 2025, across 6 awards. Its largest program was Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with $3.7 million. It had no new grant money in fiscal 2025.
From USAspending.gov award records, updated November 7, 2026.
- Grants, FY 2021 to 2025$6.5 million
- Awards6
- Awarded in FY 2025$0
- Largest award$3.7 million
By year
| Fiscal year | Awards | Amount |
|---|---|---|
| FY 2021 | 1 | $1.8 million |
| FY 2022 | 2 | $442,687 |
| FY 2023 | 2 | $4.2 million |
| FY 2024 | 1 | $119,847 |
| FY 2025 | 0 | $0 |
Programs that fund South Georgia Banking Company
| Program | Awards | Amount |
|---|---|---|
| Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | 1 | $3.7 million |
| Community Development Financial Institutions Rapid Response Program (CDFI RRP) | 1 | $1.8 million |
| Bank Enterprise Award Program | 3 | $727,896 |
| Small Dollar Loan Program | 1 | $271,988 |
Awarding agencies
| Agency | Awards | Amount |
|---|---|---|
| Department of the Treasury | 6 | $6.5 million |
Largest awards
| Award | Program | First action | Amount |
|---|---|---|---|
| Purpose: to provide grants to community development financial institutions (CDFIS) for the following purposes 1) to expand lending, grant making and investment activities in low or moderate income communities and to borrowers that have historically experienced significant unmet capital and financial | Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP) | April 10, 2023 | $3.7 million |
| Cdfi rapid response program award | Community Development Financial Institutions Rapid Response Program (CDFI RRP) | June 15, 2021 | $1.8 million |
| Purpose: the bank enterprise award program (bea program) provides monetary awards to fdic insured depository institutions (i.e., banks and thrifts) that demonstrate increases in their (i) investments and support to certified community development financial institutions (CDFIS), or (II) lending, inve | Bank Enterprise Award Program | September 20, 2023 | $437,350 |
| Purpose: to support certified community development financial institutions (CDFIS) to provide an alternative to high cost small dollar loans, as well as help unbanked and underbanked populations build credit, access affordable capital, and allow greater access into the mainstream financial system. P | Small Dollar Loan Program | September 27, 2022 | $271,988 |
| Purpose: the bank enterprise award program (bea program) provides monetary awards to fdic insured depository institutions (i.e., banks and thrifts) that demonstrate increases in their (i) investments and support to certified community development financial institutions (CDFIS), or (II) lending, inve | Bank Enterprise Award Program | April 6, 2022 | $170,699 |
| Purpose: the bank enterprise award program (bea program) provides monetary awards to fdic insured depository institutions (i.e., banks and thrifts) that demonstrate increases in their (i) investments and support to certified community development financial institutions (CDFIS), or (II) lending, inve | Bank Enterprise Award Program | September 19, 2024 | $119,847 |
Questions people ask
How much federal grant money does South Georgia Banking Company get?
$6.5 million in 6 grant awards from fiscal 2021 to 2025, as obligations reported to USAspending.gov.
Which agency gives South Georgia Banking Company the most?
The Department of the Treasury, with $6.5 million in 6 awards.
What is South Georgia Banking Company's largest federal grant?
$3.7 million under Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), with its first action in the period on April 10, 2023. That counts only the money obligated in fiscal 2021 to 2025.
Which federal programs fund South Georgia Banking Company?
Its largest are Community Development Financial Institutions Fund Equitable Recovery Program (CDFI ERP), Community Development Financial Institutions Rapid Response Program (CDFI RRP) and Bank Enterprise Award Program.
Other grant recipients in Tifton
- Abraham Baldwin Agricultural College
- Housing Authority of the City of Tifton
- South Georgia Bank Holding Company
Largest federal grant recipients in Georgia · Federal grants in Georgia