Tagged News

• Small businesses interested in PPP loans may begin applying today, note slight change in interest rates

  April 3, 2020 10:11 AM

  BATON ROUGE - Earlier this week, the Baton Rouge Area Chamber (BRAC) urged local business owners interested in obtaining loans from the Paycheck Protection Program (PPP) to ready their application paperwork. As of Friday, April 3, the application period has been opened. Those interested in applying for a... more »

• Flood victim claims to now be victim of government red tape Play Video

  March 1, 2017 5:17 PM

  GONZALES- A family devastated by the August floods can't seem to catch a break. The Hutchinson family applied for and was approved for an Small Business Administration loan last year. However, nearly five months after getting that approval, they still don't have their money. Patience is now wearing thin. "Stressful,... more »

• EBR disaster recovery center to become disaster loan center

  December 8, 2016 10:50 AM

  BATON ROUGE – The U.S. Small Business Administration is opening a disaster loan outreach center on Monday, Dec. 12 to assist flood survivors. The center will be open from 9 a.m. to 6 p.m. Monday through Thursday, Dec. 15. The center will be located at: St. Louis... more »

• Home in two flood zones caught in loan limbo Play Video

  December 6, 2016 6:31 PM

  BATON ROUGE - A flood victim says she was pre-approved for an Small Business Administration loan, but now is being told by SBA she's in a flood zone. The back and forth has gone on since October. Jo Ann Gaudin called 2 On Your Side for help. "It's... more »

• More than 800 Central flood-damaged homes gone unreported Play Video

  October 13, 2016 10:04 PM

  CENTRAL - Central has posted a list of 800 homes with damage worth more than 50 percent of the value of their home, gone without being reported to various government agencies. Two months after the flood, some homeowners say there are various reasons they have not reported the damage to... more »

• Livingston Parish gets high number of federal loans Play Video

  October 10, 2016 11:30 PM

  DENHAM SPRINGS - Livingston Parish has the highest rate of federal loans awarded among parishes affected by the August flood. According to statistics provided by the Small Business Administration, 3,646 loans have been granted in a parish where 90 percent of structures reportedly flooded. In comparison, East Baton Rouge... more »

• Flood victims reluctant to use loans as options for homes and rentals Play Video

  September 6, 2016 7:55 PM

  BATON ROUGE – Getting a loan through the federal government might be the only option to get homes or rental properties up and running again, but for many the coast is just too high. One resident, Christy Harper, owns a flooded home in Baton Rouge, but does not live... more »

• Governor requests SBA assistance in Assumption after strong winds

  June 8, 2016 10:51 AM

  BATON ROUGE - Gov. John Bel Edwards has officially filed a request that the U.S. Small Business Administration offer SBA Disaster Assistance loans for residents of Assumption Parish that were recently affected by severe weather. On May 19, the parish saw strong straight-line winds that caused damage to a... more »

• Businesses in three parishes eligible for federal disaster assistance

  May 6, 2016 3:20 PM

  BATON ROUGE - Gov. John Bel Edwards announced that the U.S. Small Business Administration has granted his request that three parishes qualify for disaster assistance loans as a result of tornadoes that caused swaths of damage in February. The relief aid will apply to businesses damaged by the high... more »