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COVID-19 (Coronavirus)

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Louisiana SBA Disaster Loan Assistance

Posted by Admin Posted on Mar 19 2020

 

https://disasterloan.sba.gov/ela/

 

Impacted small businesses may apply for up to $2 million in working capital to pay for fixed debts, payroll, accounts payable and other bills that can’t be paid because of the COVID-19 disaster. Loan terms (3.75 percent interest rate for small businesses; 2.75 percent for nonprofits) may be extended up to 30 years to keep payments affordable.

Disaster #:
LA-00101
Effective Date:
1/31/2020
Incident Period:
1/31/2020 and continuing
Incident:
Coronavirus (COVID-19)
States Affected:
Louisiana, Arkansas, Mississippi, Texas
Counties Eligible:
Primary Counties:
Louisiana
Acadia, Allen, Ascension, Assumption, Avoyelles, Beauregard, Bienville, Bossier, Caddo, Calcasieu, Caldwell, Cameron, Catahoula, Claiborne, Concordia, De Soto, East Baton Rouge, East Carroll, East Feliciana, Evangeline, Franklin, Grant, Iberia, Iberville, Jackson, Jefferson, Jefferson Davis, La Salle, Lafayette, Lafourche, Lincoln, Livingston, Madison, Morehouse, Natchitoches, Orleans, Ouachita, Plaquemines, Pointe Coupee, Rapides, Red River, Richland, Sabine, Saint Bernard, Saint Charles, Saint Helena, Saint James, Saint Landry, Saint Martin, Saint Mary, Saint Tammany, St John The Baptist, Tangipahoa, Tensas, Terrebonne, Union, Vermilion, Vernon, Washington, Webster, West Baton Rouge, West Carroll, West Feliciana, Winn
Contiguous Counties:
Arkansas
Ashley, Chicot, Columbia, Lafayette, Miller, Union
Mississippi
Adams, Amite, Claiborne, Hancock, Issaquena, Jefferson, Marion, Pearl River, Pike, Walthall, Warren, Wilkinson
Texas
Cass, Harrison, Jefferson, Marion, Newton, Orange, Panola, Sabine, Shelby