The Louisiana Main Street Recovery Program will offer grants of up to $15,000 to Louisiana businesses affected by the COVID-19 pandemic. Within the first 21 days of the programs, grants will be prioritized for businesses who did not receive a Payment Protection Program loan (PPP), insurance payment, or an Economic Injury Disaster Loan (EIDL). To be eligible, businesses must have had 50 or fewer full-time employees as of March 1, 2020.
The program will be administered by the office of the Louisiana State Treasurer. Applications are expected to open on July 28, 2020. To learn more about the program and the application process, visit www.louisianamainstreet.com.
July 28, 2020: Main Street Recovery Program Grants will begin taking new applications
July 28 - August 18, 2020 (First 21 Days): Grants will be given to businesses who did not receive a Payment Protection Program loan (PPP), insurance payment, or an Economic Injury Disaster Loan (EIDL).
September 26, 2020 (First 60 days): Expected completion date for $40 million awards to minority, women, or veteran-owned business applicants
All businesses are encouraged to apply as soon as possible
If you need assistance with submitting an application to the Main Street Recovery Program, please contact NOLABA's Small Business Team at SBED@nolaba.org or contact one of the following organizations:
For additional information, please visit www.louisianamainstreet.com.