COVID Small Business
SMALL BUSINESSES:
๐๐จ๐ฆ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ ๐๐จ๐ฎ๐ข๐ฌ๐ข๐๐ง๐ ๐๐๐ข๐ง ๐๐ญ๐ซ๐๐๐ญ ๐๐๐๐จ๐ฏ๐๐ซ๐ฒ ๐ ๐ฎ๐ง๐ ๐๐จ๐ซ ๐ฌ๐ฆ๐๐ฅ๐ฅ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ๐๐ฌ:
Below is some information we gathered on the Louisiana Main Street Recovery Fund for small businesses suffering the impacts of COVID-19.
Act 311 directed $300 million of the CARES Act funds to the Louisiana Main Street Recovery Fund to provide economic support to eligible Louisiana businesses for costs incurred in connection with COVID-19.
The program will be administered through the Office of the State Treasurer.
๐๐ก๐ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ฉ๐ซ๐จ๐๐๐ฌ๐ฌ ๐๐ง๐ ๐ญ๐ก๐ ๐๐ฎ๐ฅ๐ฅ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐ก๐๐ฏ๐ ๐ง๐จ๐ญ ๐๐๐๐ง ๐๐ง๐ง๐จ๐ฎ๐ง๐๐๐. ๐๐ญ๐๐ญ๐ ๐จ๐๐๐ข๐๐ข๐๐ฅ๐ฌ ๐ก๐๐ฏ๐ ๐ฌ๐๐ข๐ ๐ญ๐ก๐๐ญ ๐ฐ๐ข๐ฅ๐ฅ ๐๐จ๐ฆ๐ ๐จ๐ง ๐จ๐ซ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฅ๐ฒ ๐.
We’re passing along what we compiled so small business owners can stay attune to more on how to apply in the days to come. When we receive more, we will share that as well.
See the information as outlined in state legislation (Act 311) in this PDF document uploaded by The Advocate newspaper ๐๐๐๐: https://bit.ly/2Yz6NpO. Find the original legislation ๐๐๐๐: https://bit.ly/2BCNl2x.
Rep. Charles “Chuck” Owen has also posted some graphics on his Facebook page ๐๐๐๐: https://bit.ly/2YAEkA9
You can find a news story from The Advocate ๐๐๐๐: https://bit.ly/2BcZZFB
The Baton Rouge Area Chamber posted some information on its site earlier this week ๐๐๐๐: https://bit.ly/2YDr4ea. In that information, it is reported that a dedicated telephone line for the program will be 225-342-0012. We’re told an email for inquiries has been set up at MSRP@treasury.la.gov.
More information is also supposed to be added on the Louisiana Treasurer’s website ๐๐๐๐: https://www.treasury.la.gov. Check back for that.