Monday, April 7, 2020
bank_sign.jpg
The Payroll Protection Program (PPP) is underway. 

Businesses seeking recovery funding are urged to contact their local banks and credit unions for the loans. The application form and details can be found on the Alliance website: www.allianceswla.org/inthistogether

In the American Press
For travelers needing to go to Texas, information can be found at Texas Travel (UPDATED) . Texas has implemented checkpoints at all border crossings into the state. Commercial vehicles are to use the left most lane and enter unimpeded. Passenger vehicles may be stopped and required to fill out 14-day quarantine information. Follow the Louisiana State Police & the Louisiana Business Emergency Operations Center ( LABEOC ) social media for updates. 

Businesses Seeking to Do Business with the State. 
Vendors and companies seeking to do business with the state during the COVID-19 response should use the   LaPAC website . Bids on requirements are released daily to support on-going response and recovery efforts.

Seeking Business or Support from the Federal Government? 

Webinar on Wednesday, 3 p.m.
Understanding the Paycheck Protection Program and its Interplay with Newly Mandated Sick Leave under the Families First Coronavirus Response Act

The Paycheck Protection Program (PPP) promises $345 billion in aid for small businesses, helping to cover payroll and other expenses retroactively from February 15 through June 30, 2020.
Adams and Reese attorneys Chris Kane, Michael Berson and Greg Rouchell take an in-depth look at the PPP and its interplay with the newly mandated sick leave under the Families First Coronavirus Response Act (FFCRA) in a new on-demand webinar to help you understand:
  • Whether your business is eligible to receive aid under the PPP, including restrictions by company size and type
  • The terms and details of PPP loans
  • How PPP loans differ from SBA loans
  • What PPP loans can be used for, such as group health care benefits and mortgage interest payments, as well as notable exceptions to these categories
  • How PPP loan forgiveness might work, particularly how workforce reductions and reducing employees’ compensation could play a role
  • Interplay between CARES Act and FFCRA
  • CARES Act Amendments to FFCRA Mandated Sick Leave
Sign up for our webinar!
Tough times don’t last, but tough people do! Join the experts at Klout 9 Digital Marketing for a webinar on April 9th to discuss how you and your business can use this unexpected time of uncertainty for Building Brand Success for Post COVID-19!

During this webinar, we will discuss how to analyze your digital health, prepare content for post-COVID-19, and what you can do now to shine a positive light on your brand online!

April 9
2 p.m.
Register at https://a.pgtb.me/HQkscM 
U.S. Chamber Resources
paper_people_chain.jpg
Our local SBDC is offering guidance and information to small business owners and budding entrepreneurs. They can help businesses through the SBA loan process.

Contact them at (337) 475-5529 or at lsbdc.msu@lsbdc.org.