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.