The Louisiana Loan Portfolio Guaranty Program

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.

Ginger Cangelosi