ProPublica

Journalism in the Public Interest

Cancel
Moneybag-small

Bailout Tracker

Tracking Every Dollar and Every Recipient

Companies » Bank (Private)

The Queensborough Company

Louisville, Ga. | See all recipients in Georgia
$12M Disbursed
$11.6M Returned
$1.46M Revenue to Gov't
$1.07M Profit
Jump to table of transactions
Find a Bailout
Type the name of a bank:

Find bailouts in your state:


Bailout Scorecard
  • Our frequently updated database tracks every dollar. In the scorecard, we provide a summary generated from the latest numbers.
Bailout List

Events

  • $577K Revenue

    Mar. 11, 2013 Warrant Proceeds

    Part of Capital Purchase Program
    More info from www.treasury.gov

  • $11.6M Payback

    Mar. 11, 2013 Partial Repayment

    On 3/11/2013, Treasury completed the sale of 12,000 shares of The Queensborough Company preferred stock at $976.90 per share (less a placement agent fee) for net proceeds of $11,605,572.00 and 600 shares of The Queensborough Company preferred stock received upon the exercise of warrants at $971.00 per share (less a placement agent fee) for net proceeds of $576,774.00, pursuant to a placement agency agreement executed on 2/25/2013.

    Part of Capital Purchase Program
    More info from www.treasury.gov

  • $164K Revenue

    May 17, 2010 Dividends payment

    Part of Capital Purchase Program
  • $164K Revenue

    Feb. 16, 2010 Dividends payment

    Part of Capital Purchase Program
  • $164K Revenue

    Nov. 16, 2009 Dividends payment

    Part of Capital Purchase Program
  • $164K Revenue

    Aug. 17, 2009 Dividends Paid in Aug. 2009

    Part of Capital Purchase Program
  • $229K Revenue

    May 31, 2009 Dividends Paid Through 5/31/2009

    This amount reflects the sum of dividends paid up to 5/31/2009

    Part of Capital Purchase Program
  • $12M Bailout

    Jan. 9, 2009 Purchase - Preferred Stock w/ Exercised Warrants

    Part of Capital Purchase Program
    More info from www.treasury.gov

Date Type Amount Program Description
03/11/2013 Refund $11,605,572 CPP Partial Repayment
03/11/2013 Warrant $576,774 CPP Warrant Proceeds
05/17/2010 Dividend $163,500 CPP Dividends payment
02/16/2010 Dividend $163,500 CPP Dividends payment
11/16/2009 Dividend $163,500 CPP Dividends payment
08/17/2009 Dividend $163,500 CPP Dividends Paid in Aug. 2009
05/31/2009 Dividend $228,900 CPP Dividends Paid Through 5/31/2009
01/09/2009 Purchase $12,000,000 CPP Purchase - Preferred Stock w/ Exercised Warrants

For our blog, resources and more, see our main bailout page.