Small businesses in Louisiana can apply for Main Street Recovery Program grants to help with COVID-19 expenses

Small businesses can now apply for Main Street Recovery Program grants

BATON ROUGE, La. (WAFB) - Small businesses in Louisiana can apply for grants to help cover COVID-19 related costs starting July 28, State Treasurer John Scroder announced Wednesday, July 1 during a press conference.

These grants are made possible through the Main Street Recovery Program. Businesses can apply for up to $15,000 to cover eligible expenses.

Treasurer John Schroder made an announcement Wednesday, July 1 regarding small businesses eligible for COVID-19 recovery grants.
Treasurer John Schroder made an announcement Wednesday, July 1 regarding small businesses eligible for COVID-19 recovery grants. (Source: WAFB)

During the first 21 days of the program, grants will be given to businesses who did not receive a Paycheck Protection Program loan, insurance payment, or Economic Injury Disaster loan, the treasurer says. In the first 60 days, $40 million will go to businesses owned by women, minorities, and veterans.

“Main Street is a life line for small businesses who are going under because of the pandemic. As a business owner, you put your blood, sweat, and tears into your business. You shouldn’t see your life investment collapse overnight,” said Schroder. “Main Street will deliver grants to businesses who need them the most.”

Businesses impacted by COVID can apply for Main Street Recovery Program-6am

For more information on the program, click here.

Louisiana lawmakers approved $300 million in funding for the program, which will help businesses with 50 or fewer workers.

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