Money Is Available to Help Louisiana Small Businesses
Small business loans are still available. If you need assistance with managing the daily operations of your business due to the COVID-19 pandemic, help is here. Several banks, credit unions, and lending institutions across the state are helping Louisiana's small businesses recover with the Louisiana Loan Portfolio Guaranty Program
This a state-led program formed by Governor John Bel Edwards available exclusively to Louisiana small business owners. SBA might have expended all funding appropriated by Congress, but Louisiana's state-based program is still open for business. Time and again, Louisianans reach out and help their neighbors in times of crisis. The Loan Portfolio Guaranty Program is an example of that service. Governor Edwards has received commitments from banks and credit unions across the state that have agreed to help Louisiana's small businesses recover from the COVID-19 crisis.
For loan details or if you would like to apply, click here and complete application with one of the participating bankers listed on the website.