COVID Small Business

SMALL BUSINESSES:

 ๐’๐จ๐ฆ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ž ๐‹๐จ๐ฎ๐ข๐ฌ๐ข๐š๐ง๐š ๐Œ๐š๐ข๐ง ๐’๐ญ๐ซ๐ž๐ž๐ญ ๐‘๐ž๐œ๐จ๐ฏ๐ž๐ซ๐ฒ ๐…๐ฎ๐ง๐ ๐Ÿ๐จ๐ซ ๐ฌ๐ฆ๐š๐ฅ๐ฅ ๐›๐ฎ๐ฌ๐ข๐ง๐ž๐ฌ๐ฌ๐ž๐ฌ:

 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.

 ๐“๐ก๐ž ๐š๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐ฉ๐ซ๐จ๐œ๐ž๐ฌ๐ฌ ๐š๐ง๐ ๐ญ๐ก๐ž ๐Ÿ๐ฎ๐ฅ๐ฅ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐ก๐š๐ฏ๐ž ๐ง๐จ๐ญ ๐›๐ž๐ž๐ง ๐š๐ง๐ง๐จ๐ฎ๐ง๐œ๐ž๐. ๐’๐ญ๐š๐ญ๐ž ๐จ๐Ÿ๐Ÿ๐ข๐œ๐ข๐š๐ฅ๐ฌ ๐ก๐š๐ฏ๐ž ๐ฌ๐š๐ข๐ ๐ญ๐ก๐š๐ญ ๐ฐ๐ข๐ฅ๐ฅ ๐œ๐จ๐ฆ๐ž ๐จ๐ง ๐จ๐ซ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐‰๐ฎ๐ฅ๐ฒ ๐Ÿ. 

 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 ๐‡๐„๐‘๐„: https://bit.ly/2Yz6NpO. Find the original legislation ๐‡๐„๐‘๐„: https://bit.ly/2BCNl2x.

 Rep. Charles “Chuck” Owen has also posted some graphics on his Facebook page ๐‡๐„๐‘๐„: https://bit.ly/2YAEkA9

 You can find a news story from The Advocate ๐‡๐„๐‘๐„: https://bit.ly/2BcZZFB

 The Baton Rouge Area Chamber posted some information on its site earlier this week ๐‡๐„๐‘๐„: 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 ๐‡๐„๐‘๐„: https://www.treasury.la.gov. Check back for that.