Price Loss Coverage Program (PLC) in Louisiana, 2021
Subsidy Recipients 21 to 40 of 8,351
Recipients of Price Loss Coverage Program (PLC) from farms in Louisiana totaled $82,630,000 in in 2021.
| Rank | Recipient (* ownership information available) |
Location | Price Loss Coverage Program (PLC) 2021 |
|---|---|---|---|
| 21 | Farm Services Agency ** | Washington, DC 20250 | $495,966 |
| 22 | The Mer Rouge State Bank ** | Mer Rouge, LA 71261 | $486,759 |
| 23 | Concordia Bank & Trust Company ** | Vidalia, LA 71373 | $462,430 |
| 24 | Bank Of Erath ** | Abbeville, LA 70511 | $386,168 |
| 25 | Tensas State Bank ** | Tallulah, LA 71284 | $381,981 |
| 26 | Basile State Bank ** | Basile, LA 70515 | $378,754 |
| 27 | Citizens Progressive Bank ** | Columbia, LA 71418 | $361,857 |
| 28 | Rayne State Bank ** | Rayne, LA 70578 | $360,677 |
| 29 | Winnsboro State Bank ** | Winnsboro, LA 71295 | $340,684 |
| 30 | F & W Farms | Crowley, LA 70526 | $330,562 |
| 31 | Farm & Livestock Credit LLC ** | Newellton, LA 71357 | $305,783 |
| 32 | Investar Bank ** | Ville Platte, LA 70586 | $303,278 |
| 33 | Vermilion Bank & Trust Co ** | Kaplan, LA 70548 | $300,763 |
| 34 | Sweetlake Farm Partners | Lake Charles, LA 70605 | $289,959 |
| 35 | Capital One Bank ** | Plano, TX 75024 | $288,755 |
| 36 | First National Bank ** | Crowley, LA 70527 | $275,584 |
| 37 | Bank Of Commerce ** | Crowley, LA 70527 | $254,721 |
| 38 | Progressive Bank ** | Winnsboro, LA 71295 | $252,588 |
| 39 | Schenley Farm Ptrshp | Mer Rouge, LA 71261 | $251,472 |
| 40 | Homeland Federal Savings Bank | Columbia, LA 71418 | $250,332 |
* USDA data are not "transparent" for many payments made to recipients through most cooperatives. Recipients of payments made through most cooperatives, and the amounts, have not been made public. To see ownership information, click on the name, then click on the link that is titled Ownership Information.
** 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.”
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