Louisianas Lenders have approved loans to small businesses

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LOUISIANA - The U.S Small Business Administration, Louisiana District Office has announced it is approving loans in Louisiana for Paycheck Protection Program.

Since April 13th, Louisiana lenders approved 17,097 loans for a total of $3,745,462,888 to small businesses state-wide.

The Paycheck Protection Program is a loan meant to provide a direct incentive for small businesses to keep workers on payroll.

The program will be available through June 30th of this year.