For-Profit small businesses domiciled in Louisiana which employ less than 100 employees, and have been impacted by COVID-19 are eligible to apply. An applicant must reach out directly to a lender to apply. Loan amounts up to $100,000 with terms of 1-5 years.
Only federal loan available to Louisiana residents. More details on the loan provided at the top of the page. For more info please visit LA 16351-01 SBA Offers Disaster Assistance to Louisiana Small Businesses Economically Impacted by the Coronavirus (COVID-19)