Was your Business impacted by the flooding in March or August of 2016?
YOU MAY QUALIFY FOR A 0% INTEREST BUSINESS LOAN WITH A 40% FORGIVABLE PORTION.
THE TIME PERIOD FOR SUBMITTING APPLICATIONS HAS BEEN EXTENDED.
TYPES OF ASSISTANCE:
HOW TO QUALIFY?
To provide financial disaster recovery
assistance to small businesses like yours, that was impacted by the
2016 severe storms and flooding events in Louisiana.
1-Business located in one of the 51 impacted parishes
2-Business is currently operating
Business is currently operating or has the ability to demonstrate they will reopen upon receiving assistance from this program
a) Business must have been open before April 8, 2016 in order to be considered eligible under the March flood.
b) If your business was affected by the August flood, your business must have been operating prior to August 31, 2016.
3-Must have at least 1 full time employee
A minimum of 1 Full-Time equivalent employee, and no more than 50 FTE employees (persons earning 35 hours per week)
4-Gross revenue of $25,000
Your business must have had a minimum annual gross revenue of $25K for at least one of the tax years (2014, ’15 or ’16)
5-Non-profits MAY be eligible
Scroll down to complete your application today!
Find the Fillable Application below, or documents can be printed and hand-filled.
If you have Adobe Acrobat, RSLB loan applications are fillable.
If you do not have Adobe Acrobat,
You can download it at https://get.adobe.com/reader/
Please carefully review the checklist (page 19-21) of required documents!