Blog

**Updated March 30, 2020** Please note that as our nation and state take the necessary steps to address COVID-19 in Louisiana, the Acadia Parish Chamber of Commerce will do the same. All scheduled meetings are on hold, and our staff will be working remotely as much as possible as we all work together to prevent theRead more

The Coronavirus Aid, Relief, and Economic Security (CARES) Act directs the Department of the Treasury to make a one-time direct payment to individuals to help them recover from the economic impact of the COVID-19 pandemic. The federal government will send you a payment if (1) you meet the eligibility criteria; (2) you fall within the income cap;Read more

Following the declaration of a national emergency to combat the Coronavirus (COVID-19) pandemic, the Small Business Administration (SBA) launched the Economic Injury Disaster Loan Assistance (EIDL) program for small business owners in all US states, Washington D.C., and other US territories. EIDL loans are now available. On March 27th, 2020, President Trump signed into lawRead more

The Small Business Administration’s (SBA) disaster loans are the primary form of Federal assistance for the repair and rebuilding of non-farm, private sector disaster losses. The disaster loan program is the only form of SBA assistance not limited to small businesses. The Economic Injury Disaster Loan Program (EIDL) can provide up to $2 million ofRead more

The Acadia Parish Chamber partnered with One Acadiana, local, regional, and state organizations to host multiple webinars to discuss the tools available to small businesses during the coronavirus crisis. Acadiana Business Resource Webinar (YouTube) Download the pdf Presentation To support Acadiana’s business community – particularly our small businesses – in response to COVID-19, Acadiana resourceRead more

SMALL BUSINESS PAYCHECK PROTECTION PROGRAM **Updated 3/31/20** Overview The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. The PPP provides small businesses with funds to pay up to 8 weeks ofRead more

**Updated March 30, 2020** Please note that as our nation and state take the necessary steps to address COVID-19 in Louisiana, the Acadia Parish Chamber of Commerce will do the same. All scheduled meetings are on hold, and our staff will be working remotely as much as possible as we all work together to prevent theRead more

Yesterday morning, LABI partnered with the U.S. Small Business Administration to host a conference call to discuss the tools available to small businesses during the Coronavirus crisis. To download the SBA’s PowerPoint presentation from the call, click HERE. Last week, the SBA began receiving applications from Louisiana businesses for loans to address revenue losses related toRead more

Yesterday,  Gov. John Bel Edwards took additional significant measures to reduce the spread of COVID-19 in Louisiana, further limiting the size of gatherings to fewer than 10 people, closing casinos, bars and movie theaters and limiting restaurants to delivery, take out and drive-through orders only. Operations may be able to resume on April 13, however,Read more

Social distance and self-imposed quarantines are good for community health during the coronavirus and COVID-19 outbreak, but it’s toxic for small businesses. Local businesses are getting creative — necessity being the mother of invention — and continuing to serve local residents in new ways. Small businesses are the backbone of our parish and will beRead more