Pedestal Bank

 

USDA subsidy information for Pedestal Bank

Pedestal Bank received payments totaling $2,773,192 from 1995 through 2021

EWG has identified this recipient as a bank or lending institution that received the payment because the payment applicant had a loan requiring any subsidy payments go to the lender first. In 2019, the information provided to EWG by USDA began to include the entity that received the payment, rather than the person or entity that applied for it, which was previously provided. This move to shield subsidy recipients from disclosure enables USDA to further evade taxpayer accountability. Six percent of subsidy dollars went to banks, lending institutions, or the Farm Service Agency.

Year Conservation Subsidies Disaster Subsidies Commodity Subsidies Total USDA Subsidies
1995-2021
2019 $0 $0 $1,738,042 $1,738,042
2020 $0 $0 $936,621 $936,621
2021 $0 $0 $98,528 $98,528
Total $0 $0 $2,773,192 $2,773,192

Counties where payments were made from

County Subsidy Payments 1995-2021
Allen Parish, Louisiana $273,956.00
Beauregard Parish, Louisiana $298,578.00
Calcasieu Parish, Louisiana $952,044.00
Evangeline Parish, Louisiana $245,868.00
Jefferson Davis, Louisiana $228,067.00
Saint Landry Parish, Louisiana $294,482.00
Vermilion Parish, Louisiana $480,196.00
Total $2,773,192
 

Farm Subsidies Education

AgMag