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April 01, 2020 Today, Gov. John Bel Edwards announced a new Louisiana Loan Portfolio Guaranty Program, which will offer loans of up to $100,000 to Louisiana small businesses of fewer than 100 employees that are impacted by the COVID-19 crisis. To help Main Street and rural businesses sustain operations, the loans will require no paymentsRead more

Over one-fifth of Americans are directly employed in retail and hospitality, including stores, bars and restaurants, tourism, and entertainment. That’s more than 32 million people working in an industry that’s currently being shaped by widespread closures and layoffs. Our small businesses need us now more than ever. Remember when they sponsored your child’s recreation team?Read 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

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

SMALL BUSINESS PAYCHECK PROTECTION PROGRAM **Updated 4/27/20** Full Borrower Fact Sheet from U.S. Treasury Overview The Paycheck Protection Program (“PPP”) authorizes up to $349 billion plus an additional $321 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 PPPRead more

COMPASS HEALTH – Amid the current COVID-19 (Coronavirus) outbreak, Compass Health remains committed to passionately serving the mental health needs of our community. The sense of uncertainty with what’s to come as well as the isolation that can accompany social distancing have the potential to negatively impact our emotional and mental health.  Even more soRead more

The Acadia Parish Chamber, along with regional partners, One Acadiana, are monitoring federal policies being discussed and implemented in response to the current COVID-19 pandemic. Below is information on recent federal actions to provide relief to America’s small businesses as of the evening of March 25. **The CARES Act was passed on Friday, March 27,Read more

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 the spread of the virus.Read 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