From:                              Andre Fruge [afruge@louisianacapital.com]

Sent:                               Friday, April 17, 2009 5:01 PM

To:                                   esmith@louisianacapital.com

Subject:                          News from Louisiana Capital CDC, Inc.

 

SBA 504 RATES AT HISTORIC LOWS!!!

 

There has never been a better time for SBA 504.  Our program rates are at HISTORIC LOWS!  Louisiana Capital CDC, Inc., is pleased to share a sample of some of our recent activity:

Project Description

Total Project Cost

Partnering Bank

Business Sector / Policy Goals / Jobs Created

Real Estate - New Construction

$6,500,000

JP Morgan Chase

Manufacturing company in a Revitalization District - 30 jobs created

Real Estate - New Construction

$795,000

Whitney National Bank

Woman owned, Professional service company - 3 jobs created

Real Estate - New Construction

$2,260,000

Tri-Parish Bank

Professional service company - 20 jobs created

Real Estate - New Construction

$1,850,000

Rayne State Bank

Service company - 10 jobs created

Real Estate - Existing

$255,000

Tri-Parish Bank

Retail business - 4 jobs created

Totals

$11,660,000

 

Total Jobs Created = 67

 

Please contact our office to discuss potential projects and current rates.  We look forward to working with you!

P. Andre Fruge, President & CEO
afruge@louisianacapital.com

Karen Angelle, Portfolio Manager
kangelle@louisianacapital.com

Emily Smith, Business Development Officer
esmith@louisianacapital.com

 

 

 

 

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Louisiana Capital CDC, Inc. | 307 La Rue France | Lafayette | LA | 70508