BATON ROUGE, La. (KLFY) — Governor John Bel Edwards requested on Tuesday that the Small Business Administration (SBA) provide Economic Injury Disaster Loans for Orleans and Jefferson parishes as a result of the COVID-19 pandemic.
Officials with the governor’s office say while this request is specific to the two parishes with the highest number of cases in the state, Edwards plans to request SBA assistance for all 64 parishes.
We know that businesses across the state have already experienced significant economic loss and are anticipated to continue to lose revenue because of this pandemic. We also know that small businesses are the backbone of our economy. While it is necessary to do everything we can to slow the spread of COVID-19, we need help from the SBA to help reduce the burdens our small businesses are facing during this time. That is why the SBA aid is so important. The people of Louisiana are resilient and so are our business owners, but they need extra help as we get through this together.Gov. Edwards
The effects of COVID-19 on businesses in Louisiana began on January 31, said Edwards, and businesses across the state are anticipated to lose revenue as the pandemic continues.
Edwards has already certified five businesses in the area that have suffered substantial economic injury and are in need of financial assistance.