Recent 504 Projects Funded by Louisiana Capital
Chinese Restaurant
Lending Partner: MidSouth National Bank
Total Project Costs = $1,830,000
Total 504 Portion = $661,000
Permanent financing for the construction of a new restaurant facility for an existing operator in Lafayette, LA.
Doctor's Office
Lending Partner: Rayne State Bank
Total Project Costs = $506,000
Total 504 Portion = $211,000
Permanent financing for a newly constructed facility for an existing psychiatrist in Lafayette, LA.
Offshore Vessel
Lending Partner: Rayne State Bank
Total Project Costs = $450,,000
Total 504 Portion = $189,000
Permanent financing for a 110’ Offshore Supply Vessel.
Retail/Office Facility
Lending Partner: State Bank & Trust
Total Project Costs = $1,360,000
Total 504 Portion = $562,000
Permanent financing for the construction of a new retail/office facility in Baton Rouge, LA.
Restaurant
Lending Partner: First National Bank
Total Project Costs = $1,003,000
Total 504 Portion = $364,000
Permanent financing for an existing restaurant in Lake Charles, LA.
Hotel
Lending Partner: Gulf Coast Bank
Total Project Costs = $1,060,000
Total 504 Portion = $330,000
Permanent financing for a 40 room hotel in the rural parish of Vermilion.
Automotive Paint & Body Shop
Lending Partner: Hibernia National Bank
Total Project Costs = $560,000
Total 504 Portion = $234,000
Permanent financing for the construction of a new facility to house the existing operations of a paint and body shop in Baton Rouge, LA.
10 Minute Oil Change & Carwash
Lending Partner: Regions Bank
Total Project Costs = $422,000
Total 504 Portion = $156,000
Permanent financing for land, building, and equipment for a new oil change and car wash facility in Lafayette, LA.
Meat Market/Restaurant
Lending Partner: Rayne State Bank
Total Project Costs = $552,000
Total 504 Portion = $201,000
Expansion of existing facility
Motel
Lending Partner: Hancock Bank
Total Project Costs = $3,150,000
Total 504 Portion = $974,000
Purchase of an existing motel by new owner
Auto Dealership
Lending Partner: BLX Capital, LLC
Total Project Costs = $3,000,000
Total 504 Portion = $1,236,000
Purchase of an existing auto dealership by new owner
Rehab Hospital
Lending Partner: First Bank and Trust
Total Project Costs = $4,000,000
Total 504 Portion = $1,441,000
Existing rehap hospital purchased a leased facility
Medical Facility
Lending Partner: Church Point Bank
Total Project Costs = $432,000
Total 504 Portion = $158,000
Purchase of land & construction for a new medical facility
Convenience Store
Lending Partner: Rayne State Bank
Total Project Costs = $600,000
Total 504 Portion = $220,000
Leasehold improvements of an existing convenience store
Day Care Facility
Lending Partner: Gulf Coast Bank
Total Project Costs = $205,000
Total 504 Portion = $78,000
Purchase of an existing day care facility
Motel
Lending Partner: Hancock Bank
Total Project Costs = $2,200,000
Total 504 Portion = $591,000
Purchase of an existing motel
Petroleum Plant Facility
Lending Partner: Rayne State Bank
Total Project Costs = $446,000
Total 504 Portion = $186,000
Purchase of land and construction for a new bulk plant facility
Salon & Spa Facility
Lending Partner: Whitney National Bank
Total Project Costs = $360,000
Total 504 Portion = $132,000
Purchase of land and construction for a new salon & spa facility
Seafood Restaurant
Lending Partner: Hancock Bank
Total Project Costs = $1,040,000
Total 504 Portion = $377,000
Purchase of an existing restaurant plus major renovations to house a new restaurant
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