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MegadealsSubsidy Tracker Individual Entry
Company: AUM Investments LLC
Parent Company:
Subsidy Source: State
Location: Louisiana
City: Geismar
County: Ascension
Address: 37090 Market Center Blvd
Zip: 70734
Project Description: Construction of a three story hotel with 40 standard rooms and 38 apartment-style suites; a meeting room with audio visual equipment to accommodate 80 people, and a fitness center. Construction and hotel staff jobs created.
Year: 2020
Subsidy Value: $85,598
Program Name: Enterprise Zone
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 56
Wage Data: $2,410,000
Wage Data Type: Estimated Total Payroll
Capital Investment: $5,539,846
Source of Data:
(click here)
Notes: Year is application board approval date. Subsidy is the sum of Estimated 5 Year Payroll Credit and Estimated 5 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 5 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 5 year payroll, existing payroll, and estimated construction payroll, which equals the estimated total payroll. Investment data is the sum of Estimated Building And Material, Estimated Machinery And Equipment, and Estimated Labor And Engineering which equals the Total Estimated Investment.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.