Despite the passage of four years since the hurricanes occurred, there is still a significant need for financial support in the business community. Business owners interested in applying for the Restore Small Business Loan Program can find more information on the South Central Planning and Development Commission’s website. This new resource aims to provide a lifeline to businesses that have struggled in the aftermath of the hurricanes, offering a helping hand during their recovery process.
The Monroe Chamber of Commerce has launched a new program called the Restore Small Business Loan Program to assist local businesses that are still recovering from hurricanes Laura and Delta. This program offers loans with zero percent interest and up to 40 percent of the loan amount can be forgiven, providing crucial financial support to businesses in need. Cullen Curole, from the South Central Planning and Development Commission, emphasized the importance of providing assistance to businesses that have been impacted by the recent hurricanes.
The availability of federal funds presents an opportunity to help businesses get back on their feet and rebuild. The Restore Small Business Loan Program is just one way that organizations are working together to support local businesses during this challenging time. With this program, business owners can access much-needed funding to help them recover from the financial losses suffered as a result of the hurricanes.