2021 CSBS Community Bank Case Study Competition Journal

2021 COMMUNITY BANK CASE STUDY COMPETITION

Table 2: Economic Impact of Liberty’s Louisiana Small Business Loans on Sales, Earnings, and Employment Created

Amount Invested (In $)

Sales Created (In $)

Taxable Earned Wages Created (In $)

Employment Created (in jobs)

$11,662,416

$132,350,904

$45,005,730

926

Construction

$5,140,638

$60,275,796

$12,657,824

288

Food, Beverage, and Tobacco Product Manufacturing

$892,382

$7,856,330

$2,676,636

49

Computer and Electronic Product Manufacturing

$19,265

$177,258

$47,519

1

Motion Picture and Sounds Recording

$1,564,864

$15,594,263

$4,239,934

72

Machinery Manufacturing

$1,275,000

$10,281,807

$2,013,720

74

Funds, Trust, and Other Financial Vehicles

$2,954,000

$30,750,797

$11,943,967

337

Educational Services

$255,290

$2,813,965

$607,986

11

Plastics, and Rubber Products Manufacturing

$750,066

$7,129,703

$2,181,878

40

Wholesale Trade

$173,500

$1,665,938

$536,105

16

Retail Trade

$313,000

$3,266,949

$1,133,914

23

Hospitals

$200,000

$2,088,158

$797,282

24

Transit and Ground Passenger Transportation

$32,144

$334,459

$124,359

2

Other Transportation and Support Activities

Federal Reserve Banks, Credit Intermediation, and Related Service

$1,000,000

$8,963,193

$2,009,736

44

$4,558,000

$47,104,710

$14,024,665

499

Securities, Commodity Contracts, Investments

$217,657

$2,280,184

$889,023

36

Social Assistance

$9,971,606

$75,270,611

$8,231,222

387

Real Estate

$5,520,529

$55,414,571

$21,986,149

408

Professional, Scientific, and Technical Services

$4,826,433

$48,583,382

$13,574,044

351

Accommodation

$142,250

$1,468,927

$552,803

18

Administrative and Support Services

$2,791,336

$29,272,416

$11,968,587

225

Ambulatory Health Care Service

$20,000

$194,685

$61,875

2

Amusements, Gambling, Recreation

$1,334,819

$13,518,219

$4,010,205

151

Food Services and Drinking Places

$11,913,794

$128,969,662

$45,652,945

1077

Other Services

Totals:

$67,528,991 $685,626,888 $206,928,107

5061

54