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MegadealsSubsidy Tracker Individual Entry
Company: Houma Family Dental
Parent Company:
Subsidy Source: State
Location: Louisiana
City: Houma
County: Terrebonne
Address: 5683 HWY 311
Zip: 70360
Project Description: Houma Family Dental has been in operation for over 20+ years in downtown Houma in Terrebonne Parish. Dr. Morgan, the practice owner, values the importance, need and responsibility to invest in our local community. It is planned to construct a new 11,800 square foot dental office. Once the new facility is built, the entire Houma Family Dental operation will move from downtown to the new state of the art facility on Hwy 311 still in Terrebonne Parish. The new facility will feature: 20 operatories, state of the art equipment, a large sterilization wing and a second floor with a conference room and exercise/wellness area. Also, it is hoped to hire local qualified applicants in order to increase staffing by 50% which ensures the priority of excellent patient care. Each day in the Houma Family Dental morning meeting, as a team we say,?? ,??Our team at Houma Family Dental strives to provide the highest standard of dental care to ensure optimal health to our patients,??. This new facility will be a reflection of that commitment.
Year: 2021
Subsidy Value: $114,722
Program Name: Enterprise Zone
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 43
Wage Data: $3,416,408
Wage Data Type: Estimated Total Payroll
Capital Investment: $4,081,478
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.