As part of the Paycheck Protection Program LAFOURCHE ARC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

LAFOURCHE ARC


Loan Amount	$1,779,600
BusinessName	LAFOURCHE ARC
Address	100 West MAIN ST
City	THIBODAUX
State	LA
Zip	70301
NAICSCode	624120
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	294
DateApproved	04/27/2020
Lender	Synergy Bank
CD	LA-06
BusinessName.clean	LAFOURCHE ARC

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

LAFOURCHE PARISH HOSPITAL SERVICE DISTRICT 1
LAFOURCHE SUGARS
LAGO MAR PROPERTIES
LAGOS
LAGRANGE COLLEGE