South Georgia Banking Company

 

USDA subsidy information for South Georgia Banking Company

EWG has identified this recipient as a bank or lending institution that received the payment because the payment applicant had a loan requiring any subsidy payments go to the lender first. In 2019, the information provided to EWG by USDA began to include the entity that received the payment, rather than the person or entity that applied for it, which was previously provided. This move to shield subsidy recipients from disclosure enables USDA to further evade taxpayer accountability. Six percent of subsidy dollars went to banks, lending institutions, or the Farm Service Agency.

Payment Breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Commodity Programs$9,558,295
Total Conservation Programs$61,251

Commodity subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Commodity Programs$9,558,295
Agricultural Risk Coverage (ARC) Program$34,814
    Agricultural Risk Coverage County Payment (ARC-CO)$34,814
Price Loss Coverage Program (PLC)$9,523,481
    Price Loss Coverage Program Payments (PLC)$9,523,481

Conservation subsidy breakdown

Subsidy ProgramTotal Payments 1995-2023
Total Conservation Programs$61,251
Conservation Reserve Program$61,251
    CRP - Annual Land Rental$61,251
 

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