To help, low-interest federal disaster loans are now being supplied by the united states Small Business Administration to specific counties in Louisiana that had been most affected by Ida. Virtual Business Recovery Center and Disaster Loan Outreach Centers have been put into place to remotely support small business homeowners and answer questions concerning the mortgage program, which can allow companies to borrow as much as $2 million. Small businesses within the declared disaster space are additionally eligible to apply for the Economic Injury Disaster Loan program, and steps for making use of can be discovered right here. The U.S. Small Business Administration introduced it will award 27 organizations across the country a total of $5.2 million underneath its Program for Investment in Micro-Entrepreneurs .
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