Thibodaux, LA — PPP Loan Data

Thibodaux, Louisiana received 2,964 Paycheck Protection Program loans totaling $101.4M. The average loan in the city was $34,200 — below the national program average of approximately $67,000.

86.5% of loans in Thibodaux — totaling $94.9M — received SBA forgiveness. Forgiveness required borrowers to demonstrate that funds were used for qualifying expenses and that they maintained employee headcount and compensation levels during the covered period.

Among the largest disclosed recipients in Thibodaux were GAUBERT OIL COMPANY INC/GAUBERT OIL CO ($2,000,000), GAUBERT OIL COMPANY, INC. ($1,804,100), and LAFOURCHE ARC ($1,779,600).

The most active industry sector in Thibodaux was Personal Care Services with 576 loans worth $9.8M, followed by Services to Buildings and Dwellings (271 loans).

Applicants in Thibodaux reported retaining 11,861 jobs through the program. These figures are self-reported and were not independently verified by the SBA. The majority of loans in this city — those under $150,000 — have borrower names withheld under FOIA Exemption 6.

Thibodaux is part of Louisiana, which received a total of thousands of PPP loans during the program period. City-level data is based on the borrower's self-reported city name; some variation in spelling may cause minor undercounting. See the methodology page for more detail on data limitations.