The U.S. Small Business Administration says that low-interest federal disaster loans are now available to Louisiana businesses and residents impacted by Hurricane Ida.
The loans were made available as a result of President Biden’s major disaster declaration, SBA Administrator Isabella Casillas Guzman announced on Tuesday.
The declaration covers Ascension, Assumption, East Baton Rouge, East Feliciana, Iberia, Iberville, Jefferson, Lafourche, Livingston, Orleans, Plaquemines, Pointe Coupee, St. Bernard, St. Charles, St. Helena, St. James, St. John the Baptist, St. Martin, St. Mary, St. Tammany, Tangipahoa, Terrebonne, Washington, West Baton Rouge, and West Feliciana parishes as a result of Hurricane Ida that began on Aug. 26, 2021.
“SBA’s mission-driven team stands ready to help Louisiana’s small businesses and residents impacted by Hurricane Ida,” said Guzman. “We’re committed to providing federal disaster loans swiftly and efficiently, with a customer-centric approach to help businesses and communities recover and rebuild.”
Due to the Coronavirus pandemic, on Tuesday, Aug. 31, SBA says they will establish a Virtual Business Recovery Center to provide personalized assistance to business owners. In addition, SBA will also open a Virtual Disaster Loan Outreach Center to help homeowners and renters.
Customer Service Representatives will be available to business owners and individuals to answer questions about SBA’s disaster loan program, explain the application process and help each person complete their electronic loan application.