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Disaster Recovery for Business

View the link above for helpful information we've gathered through out the process. Includes current updates and full list of news on Business Recovery including:

Funding Options

Business Physical Disaster Loans


SBA provides low-interest, long-term loans for physical and economic damage caused by a declared disaster.

Any business or organization located in a declared disaster area and that incurred damage during the disaster may apply for a loan to help replace or restore damaged property.

Click Here for More on SBA Disaster Loan Program

Tax Relief for Flood Victims


IRS is providing Tax Relief to Storm Victims Click Here for Details

LA Small Business Rebirth Grant


The Louisiana Small Business Rebirth Fund provides a “hand up” to impacted businesses through triage loans to provide quick relief. Second Round of Applications are due September 16, 2016. All Small Businesses are encouraged to apply.

Click Here for More Information or to Apply

Recovery & Advocacy

Restore Louisiana Task Force

The Restore Louisiana Task Force
 is creating federally-funded grant/loan program to small businesses to promote long-term recovery.  The latest figures indicate more than $3 billion in economic losses to businesses and agriculture in Louisiana as a result of the flood.  As you know, Congress approved an initial $400 million in relief for Louisiana in September and has since approved an additional $1.2 billion. Based on the initial allocation, roughly $12 million so far is proposed by the Task Force to help mostly small businesses. There are three components of the plan: a loan/grant program for non-construction related expenses; technical assistance; and bridge loans backed by the state.

Currently zero interest loan applications with a 20% forgivable portion are being accepted.  Criteria for the loan / grant program can be found at the Restore Louisiana Task Force website.  View the links below for additional resources:

Business Recovery - BACK 2 BIZ Initiative Sponsor