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Emanuel County forgives $686,247.90 loan to Emanuel Medical Center
Summary
The Emanuel County Board of Commissioners adopted a resolution on April 20, 2026, forgiving a 2009 loan to Emanuel Medical Center totaling $686,247.90 and releasing associated collateral, including three office properties on Victory Drive.
The Emanuel County Board of Commissioners voted unanimously on April 20 to forgive a 2009 indebtedness owed by Emanuel Medical Center (EMC) in the amount of $686,247.90. The resolution, adopted by the board, also releases any collateral that had been pledged to secure the debt, including three office properties on Victory Drive in Swainsboro.
The resolution records that the original financial arrangement with EMC dated from April 2009 was for approximately $825,000 and was structured as an interest-free demand note. The board’s resolution states, "The indebtedness owed by EMC to the COUNTY in the amount of Six Hundred Eighty-Six Thousand Two Hundred Forty-Seven and 90/100 ($686,247.90) Dollars is hereby forgiven in full." The motion to adopt the resolution was moved by Commissioner Ricky Thompson, seconded by Vice Chairman Timmy Oliver, and carried 5-0. A copy of the resolution will be recorded with the meeting minutes.
