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Special Opportunities Counties Fund
Through 2012, Gibson County is a TVA-designated Special Opportunity County (SOC). This means that industries relocating or expanding in the county are eligible for special SOC Fund loans. SOC loans are made for buildings, plant equipment, infrastructure, or real estate based on the capital investment leveraged and the number of jobs created by a venture. The maximum loan amount varies according to the type of project, but no SOC loan can exceed $500,000. TVA’s participation ordinarily does not exceed 25 percent of total project costs. All loans are subject to the availability of funds. Generally, a minimum of one job should be created or retained for every $10,000 invested by TVA.