Officials promoting Mainstreet Recovery Program in North Louisiana
TALLULAH, La. (KNOE) - Officials toured North Louisiana on Wednesday to promote the Louisiana Mainstreet Recovery Program.
The program offers small business owners a grant of up to $15,000 to be reimbursed for COVID-related expenses.
State Treasurer John Schroder said the program will go until the $275 million funds run out or until November 1st.
"We want to help small businesses across Louisiana get a little band-aid, and I tell people, I know it's not a lot of money, but some aid is better than no aid."
Schroder said rural communities often can’t take advantage of state programs, but that isn’t the case here. It’s money that could benefit the region.
“Well look, let’s face it, the Northern, rural parishes are a little poorer than others and this is a good opportunity. This is grant money. You don’t have to pay it back. You just have to prove that you had the expenses. And this grant, you can spend how you feel fit for your business,” said Schroder.
Businesses like Brinda Stockton’s flower shop have been affected by the pandemic.
“It’s real slow, especially for flower shops,” said Stockton.
She said the grant would help her keep the shop open.
“$15,000 is a lot of money. It pays for rent, it pays for utilities. It will allow you to stay in business,” said Treasurer Schroder. “You fought this long, this will allow you to stay in business for another three to four months.”
Officials are reminding business owners it’s first-come, first-served.
“This is probably, the most streamlined, short grant application I have ever seen, from any state or federal entity,” said State Senator Katrina Jackson. “It is very easy to apply to this grant, but it is on a first-come, first-served basis.”
To learn more about the program such as eligibility requirements, click here.
Copyright 2020 KNOE. All rights reserved.