Olympian Machine

Olympian Machine 05/17/2021 [ Article was originally posted on www.louisianacapital.com ] In the early months of 2007 Olympian Machine was only a dream. It wasn't until South Louisiana Bank teamed up with Louisiana Capital CDC with financing options that Olympian's dream started to become a reality. With George Robichaux, Senior Vice President of South Louisiana Bank utilizing the SBA 504 program to stabilize the financing requirements, Olympian Machine was able to implement its business plan and vision for a newly created market niche in precision manufacturing of down hole oilfield tools. By using the SBA 504 program, Olympian Machine opened its doors in April 2007 and has now grown to two state of the art manufacturing facilities in Gray, LA and Katy, TX. Olympian Machine offers a wide range of manufacturing options with 24 hour operations in both facilities. As per George, "SBA 504 was a great fit for our bank as our equity position relative to collateral was at 50% and for our borrower as the program allowed them to get their business up and running". We thank George for recognizing the value added benefits that 504 provided to both his bank and SOURCE: https://www.louisianacapital.com/success-stories Back To News	Archive Subscribe Now Archive Connect with us

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