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MegadealsSubsidy Tracker Individual Entry
Company: Performance Proppants, LLC
Parent Company:
Subsidy Source: State
Location: Louisiana
City: Bossier City
County: Caddo
Address: 4907 Benton Rod
Zip: 71111
Project Description: Performance Proppants is dredging, drying and loading out frac sand provided to the Oil and Gas industry of Louisiana and the surrounding states for frac purposes. The sand is harvested from the Hat Creek tributary of the Red River in Caddo Parish, Louisiana. The facilities Performance Proppants built/bought include a dredge operation, drying operation and a load out operation.
Year: 2020
Subsidy Value: $1,043,500
Program Name: Enterprise Zone
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 103
Wage Data: $14,845,000
Wage Data Type: Estimated Total Payroll
Capital Investment: $32,900,000
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.