Federal disaster loans available to area businesses

Published 9:13 am Tuesday, August 31, 2021

WASHINGTON — The U.S. Small Business Administration announced that low-interest federal disaster loans are now available to Louisiana businesses and residents as a result of President Biden’s major disaster declaration. The declaration covers St. John the Baptist

Businesses of all sizes and private nonprofit organizations may borrow up to $2 million to repair or replace damaged or destroyed real estate, machinery and equipment, inventory and other business assets.
The Virtual Business Recovery Center and Virtual Disaster Loan Outreach Center are open from 7 a.m. to 7 p.m. Central Time seven days a week. For more information, email FOCWAssistance@sba.gov or call 800-659-2955.