More Money Available for Businesses, but It Will Go Quickly
If your business has been impacted by this COVID-19 pandemic, you still have time to get help from the federal government.
$310 billion has been added to the SBA’s Paycheck Protection Program. The money is expected to go quickly (probably within the week). Businesses can apply to cover payroll, rent, mortgage interest, and utilities. If you keep all of your employees on the payroll for eight weeks, the loan is forgivable.
But you better hop to it. Apply at your bank or credit union. But if you need some help, log on to Shreve.biz or call 318-230-7891 to get the process started.
Shreve.biz is a help desk for businesses operating in Shreveport and Caddo Parish. You can get private one on one counseling and assistance to walk you through this process. The services are free.