The South Central Planning and Development Commission, in collaboration with the Monroe Chamber of Commerce, has launched a new program called the Restore Small Business Loan Program to help local businesses recover from hurricanes Laura and Delta. This program provides loans with zero percent interest and up to 40 percent of the loan amount can be forgiven, offering crucial financial support to businesses in need.
Cullen Curole, from the South Central Planning and Development Commission, highlighted the importance of providing assistance to businesses that have been impacted by the recent hurricanes. Despite the passage of four years since the hurricanes occurred, there is still a significant need for financial support in the business community. The availability of federal funds presents an opportunity to help businesses get back on their feet and rebuild.
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.