NEWS & MEDIA

Southeastern SBDC to offer webinars on SBA Disaster Loans, CARES Act

 

Monday, March 30, 2020 
by: Tonya Lowentritt 


     HAMMOND – Southeastern Louisiana University’s Small Business Development Center, the U.S. Small Business Administration (SBA), the Louisiana Department of Economic Development, the Greater Hammond Chamber of Commerce and St. Tammany Corporation are working together to provide free webinar resources to businesses impacted by the COVID-19 pandemic.
     The webinars are titled “SBA Disaster Loan: Application Guidelines,” offered daily March 30 through April 3 from 9 to 11 a.m., and “Rescuing America Business: Coronavirus Aid Relief and Economic Security Act,” offered March 31 through April 3 from 2 to 3 p.m.
     Southeastern SBDC Business Consultant Brandy Boudreaux will serve as guest speaker for the SBA Disaster Loan webinar and will walk attendees through the application process, while certified Public Accountant Bryon Garrety is the guest speaker form the CARES Act webinar.
     “The Coronavirus Aid, Relief and Economic Security (CARES) Act was designed to combat the economic and health crisis brought about from the recent pandemic,” said Director of the Southeastern Small Business Development Center Bill Joubert. “The act includes a wide range of actions, including offering forgivable loans to small businesses that maintain payroll, providing direct payments to individuals and families, instituting economic relief for distressed industries, and extending significant financial support for hospitals and medical institutions. This webinar will help explain these programs.”
     Online registration is available for both webinars at www2.lsbdc.org/events.aspx.
     The SBDC has consulted 2,396 entrepreneurs (about 400 per year), helped secure over $256 million in loans and equity capital ($890,000 per week), obtained funding for over 80% of projects, created 2,022 jobs (about seven jobs per week), retained 642 (about two jobs per week), and provided over 21,000 hours of training to businesses and staff throughout the Northshore, Joubert explained.
     “The LSBDC at Southeastern is a great resource for regional businesses to navigate through this unprecedented event,” he said. “For over 20 years we have been a champion for small businesses throughout south Louisiana, providing invaluable advice and assistance to businesses and entrepreneurs in the region we serve.”
     For more information, contact Southeastern’s SBDC at 985-549-3831 or lsbdc.slu@lsbdc.org.




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