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Gov. Edwards: All Louisiana Parishes Eligible For Covid-19 Business Aid

From Louisiana Economic Development, small business loans available.

LED | Louisiana Economic Development
News Update
GOV. EDWARDS: ALL LOUISIANA PARISHES ELIGIBLE FOR COVID-19 BUSINESS AID
SBA loans of up to $2 million will aid Louisiana’s more than 440,000 small businesses
BATON ROUGE — Today, Gov. John Bel Edwards announced that small businesses in all 64 Louisiana parishes will have access to federal Small Business Administration disaster aid in the wake of the COVID-19 crisis. SBA Administrator Jovita Carranza confirmed that Louisiana’s more than 440,000 small business are eligible to apply for low-interest federal disaster loans, which will be made available to eligible firms suffering substantial economic injury as a result of the Coronavirus.

“COVID-19 is a unique crisis affecting all walks of life, and that means Louisiana’s small business community will continue to be heavily impacted by disruptions to their operations,” Gov. Edwards said. “We are pleased to work with SBA and the federal government in providing this critical working capital to our small business owners who are suffering from the necessary measures installed due to the Coronavirus. Our hope is that these SBA disaster loans will be an important part of sustaining their businesses and providing support to their employees who make up over half of Louisiana’s private-sector workforce.”

Read more about the announcement.

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