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MegadealsSubsidy Tracker Individual Entry
Company: Southwest Louisiana Hospital Association dba Lake Charles Memorial Hospital
Parent Company:
Subsidy Source: State
Location: Louisiana
City: Lake Charles
County: Calcasieu
Address: 1701 Oak Park Blvd.
Zip: 70601
Project Description: Expansion of hospital at Oak Park to include new medical equipment and an increase in workforce. Medical Equipment to include: anesthesia machine; bladder scanners; glucose monitors; water heater; stretchers; dispensing station and bone density machine. Workforce to increase by 63 net new employees within the first 24 months. Adding approximately 200 construction jobs.
Year: 2020
Subsidy Value: $774,688
Program Name: Enterprise Zone
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 1,993
Wage Data: $130,095,000
Wage Data Type: Estimated Total Payroll
Capital Investment: $47,445,859
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.