The Restore Small Business Loan Program, launched by the Monroe Chamber of Commerce, is aimed at providing financial assistance to local businesses 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 support to businesses in need.
Cullen Curole from the South Central Planning and Development Commission emphasized the importance of supporting businesses that have been affected by the recent hurricanes. Despite four years since their occurrence, there is still a significant need for financial aid 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.