Louisiana to begin spending $811 million in federal COVID-19 aid
Wed, 06/24/2020 - 9:23am
BATON ROUGE – More than 450,000 Louisiana small businesses may be eligible for grants under a federally funded COVID-19 relief program, State Treasurer John Schroder said Monday.
The Louisiana Main Street Recovery Program fund contains $300 million. So if Schroder’s estimate is close to accurate, the grants for each business could be less than $700, though there is no way to know yet how many will apply or how much they will request. The maximum possible grant amount is $15,000.
