Lousiana Motor Coach Inc.

3912 4th Street, Marrero, LA 70072 · Bus and Other Motor Vehicle Transit Systems (NAICS 485113)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

4

Total Amount

$845K

Jobs Supported

115

Years Active

2011–2014

Loan History (4)

Source: SBA FOIA
7(a)$140,000
Paid in Full
Approved
Aug 28, 2014 (FY2014)
SBA Guaranteed
$70,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
4.25%
Revolver
0
Jobs Supported
36
Business Type
Corporation
Industry
Bus and Other Motor Vehicle Transit Systems (NAICS 485113)
Paid in Full
Sep 30, 2024

Lender

Hancock Whitney Bank

2510 14th St, Gulfport, MS 39501

Project Location

Jefferson County, LA

7(a)$415,300
Cancelled
Approved
Aug 22, 2014 (FY2014)
SBA Guaranteed
$311,475 (75%)
Term
240 months (20.0 yrs)
Interest Rate
4.00%
Revolver
0
Jobs Supported
36
Business Type
Corporation
Industry
Bus and Other Motor Vehicle Transit Systems (NAICS 485113)

Lender

Hancock Whitney Bank

2510 14th St, Gulfport, MS 39501

Project Location

Jefferson County, LA

7(a)$140,000
Cancelled
Approved
Aug 22, 2014 (FY2014)
SBA Guaranteed
$70,000 (50%)
Term
60 months (5.0 yrs)
Interest Rate
4.25%
Revolver
1
Jobs Supported
36
Business Type
Corporation
Industry
Bus and Other Motor Vehicle Transit Systems (NAICS 485113)

Lender

Hancock Whitney Bank

2510 14th St, Gulfport, MS 39501

Project Location

Jefferson County, LA

7(a)$150,000
Paid in Full
Approved
Sep 28, 2011 (FY2011)
SBA Guaranteed
$127,500 (85%)
Term
64 months (5.3 yrs)
Interest Rate
5.75%
Revolver
0
Jobs Supported
7
Business Type
Corporation
Industry
All Other Transit and Ground Passenger Transportation (NAICS 485999)
Paid in Full
Oct 31, 2021

Lender

Gulf Coast Bank and Trust Company

200 St. Charles Ave, New Orleans, LA 70130

Project Location

Jefferson County, LA

Business Details

Business Type
Corporation
NAICS Code
485113 Bus and Other Motor Vehicle Transit Systems
Address
3912 4th Street
Marrero, LA 70072

Lenders

Hancock Whitney Bank
2510 14th St, Gulfport, MS 39501
Gulf Coast Bank and Trust Company
200 St. Charles Ave, New Orleans, LA 70130

Other SBA Borrowers in Marrero

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