Greater Ouachita Port Commission Meeting Minutes January 2026
Commission Confirms Origin Bank Container Handler Loan
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Description
The Greater Ouachita Port Commission confirmed use of Origin Bank for a $310,000 asset-based loan to support purchase of a new container handler and authorized Chairman Guillot to sign all loan documents. The decision aligns with prior approval to match Louisiana Port Priority Program funding.
Contract Details
Contract Amount
$310,000
Vendor
ORIGIN BANK
Agency
Greater Ouachita Port Commission, LA
Contract Type
FINANCIAL_SERVICES
Document Date
January 7, 2026
Renewal Info
Loan will be paid off upon sale of the crane; no ongoing renewal terms described.
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