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Public Notice: Region 6 Regional Steering Committee Meeting – April 30, 2020
The Regional Steering Committee of Watershed Region 6 will hold a meeting on April 30, 2020 at 10:00 am. This meeting is in accordance with Louisiana Watershed Initiative activities and is integral to providing a sustainable, institutional basis to increase continuity, improve flood resilience, and enable more effective flood prevention within our region.
In an effort to reduce and limit the spread of COVID-19 in Louisiana, and to preserve the health and safety of all members of the public, the Governor has declared the COVID-19 Public Health Emergency and ordered that it is necessary to limit public gatherings in a single place in an effort to avoid individuals being in close proximity to one another.
As a result of the public emergency, the limitations imposed on public gatherings and personal interactions, and the need for a number of members to travel to any physical meeting location from parishes where confirmed cases of COVID-19 have occurred, South Central Planning and Development Commission does hereby certify that in order to protect the lives, property, health, safety, and welfare of the citizens of Louisiana, it is necessary to conduct the Regional Steering Committee Meeting on April 30, 2020 by teleconference or video conference in order to assure the presence of a quorum of the steering committee members.
Therefore, in accordance with Section 4 of Governor’s Proclamation Number 30 JBE 2020: Additional Measures for COVID-19 Public Health Emergency, the Regional Steering Committee of Watershed Region 6 will hold its April 30, 2020 meeting virtually. Regional Steering Committee of Watershed Region 6 will utilize the online platform “Go To Meeting” and live stream the meeting. To participate in the web based meeting, please follow link below or you may dial in using your phone.
LA Watershed Initiative: Region 6 Steering Committee Meeting
Thu, Apr 30, 2020 10:00 AM – 12:00 PM (CDT)
Please join my meeting from your computer, tablet or smartphone.
https://global.gotomeeting.com/join/440473189
You can also dial in using your phone.
United States (Toll Free): 1 866 899 4679
United States: +1 (669) 224-3319
Access Code: 440-473-189
New to GoToMeeting? Get the app now and be ready when your first meeting starts:
https://global.gotomeeting.com/install/440473189
Documents pertaining to the meeting can be located online at https://www.scpdc.org/watershed-initiative/.
Public Comment Procedure: Click Here
Public comments will be accepted during the live stream of the meeting. To submit a comment, you can call in with the number provided or type comments in the live stream.
CONTACT PERSON
Pat Gordon, SCPDC Chief of Planning
985-851-2900
COVID-19 LOAN OPTIONS
Congressman Graves Urges Small Businesses to
Fill Out a Paycheck Protection Program
Application NOW
WASHINGTON, DC – Congressman Garret Graves (South Louisiana) announced that small businesses can now fill out an application to the Paycheck Protection Program for a forgivable loan to pay their employees during the COVID-19 crisis. Small businesses and sole proprietorships can apply for and receive loans to cover their payroll and other certain expenses through existing SBA lenders beginning on April 3, 2020. Graves urges borrowers to apply as soon as possible because the program is subject to a funding cap.
- For an overview of the program CLICK HERE
- If you’re a lender, more information can be found HERE
- If you’re a borrower, more information can be found HERE
- The application for borrowers can be found HERE
The Paycheck Protection Program is the only program currently that has a Forgivable Component. Below is a list of other options available to compare and make the best choice for your business: COVID-19 Recovery Assistance Chart.
CORONA/COVID-19 OPTIONS |
|||||
Paycheck Protection Program (PPP) |
Economic Injury Disaster Loans (EIDL) |
Louisiana Loan Portfolio Guaranty Program |
SCPDC Corona Recovery Loan |
||
Admin |
Local Banks (approved by SBA) |
SBA |
LED, LBA, and LPFA |
SCPDC |
|
Eligibility |
●Small business |
●small businesses |
small businesses with less than 100 employees |
●Small Business with less than 30 employees |
|
●Private non-profits |
●private, nonprofit organizations |
●Business open for a minimum of 3 years |
|||
Maturity |
2 years |
Up to 30 years |
Up to 5 years |
5 years |
|
Terms |
Interest |
.5-1% |
●3.75% for small businesses |
Up to 3.5% |
●0% for years 1-2 |
●2.75% for non-profits |
●4% for years 3-5 |
||||
Additional |
●6-month Deferment |
Advance Loan up to $10K available in |
6-month no interest and no payments |
6-month no interest and no payments |
|
Incentives |
● can be FORGIVABLE |
3 days |
|||
Max Amount |
$2 million |
$100,000 |
$20,000 |
||
$10 Million |
|||||
Collateral |
No |
Yes |
Yes |
Yes |
|
How to Apply |
Contact your local bank or visit visit www.sba.gov for a list of SBA lenders. |
https://www.ledbizloan.com/ |
https://www.ledbizloan.com/ |
Contact Lisa at businessloans@scpdc.org |
|
PUBLIC NOTICE: REVOLVING LOAN BOARD MEETING
PUBLIC NOTICE
Due to the inability to meet quorum requirements in person, the Revolving Loan Board for South Central Planning & Development Commission, Inc., will meet on Tuesday, April 21, 2020 at 8:30 a.m. via video conference call (info on website) in direct response to Governor Edward’s proclamation (JBE-2020-27 Section 5) allowing softened open meeting considerations amidst the declared COVID 19/Corona “Stay Home Order and Business Closures”. Anyone requiring reasonable accommodation is requested to contact South Central Planning & Development Commission, Inc. three days in advance of the meeting at (985) 851-2900 to discuss the particular accommodations needed and insure no more than ten (10) people attend.
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