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