Louisiana Loan Portfolio Guaranty Program Information
From: Tangipahoa Economic Development
To: Tangipahoa Businesses and Stakeholders
In an ongoing effort to keep you informed, please be advised that a new program to assist the small business community has been launched.
The Louisiana Loan Portfolio Guaranty Program, or LPGP, is a partnership of Louisiana Economic Development (LED), which will provide a loan guaranty fund; the Louisiana Bankers Association (LBA), whose participating members will offer the loans; and the Louisiana Public Facilities Authority (LPFA), which will administer the program.
Gov. John Bel Edwards announced a new Louisiana Loan Portfolio Guaranty Program, which will offer loans of up to $100,000 to Louisiana small businesses of fewer than 100 employees that are impacted by the COVID-19 crisis.
You can read the press release here:
PRESS RELEASE: Gov. Edwards: State-Led Program To Offer COVID-19 Small Business Help
Click here for a link to the Louisiana Economic Development website:
The Louisiana Loan Portfolio Guaranty Program.
You can learn more about it here: Louisiana Loan Portfolio Guaranty Program
Please see attached for a short 2-page FAQ.
Please let us know if we can be of any assistance, anytime.
Michael H. Tomlinson, CLED
Economic Development Specialist
Tangipahoa Economic Development
Tangipahoa Parish Government
M: (985) 630-7176
O: (985) 340-9028
Clausen Memorial Building
15485 W Club Deluxe Rd
Hammond, LA 70403-1466