SBA opens disaster recovery center in Avoyelles Parish for Tropical Storm Arthur aid
Businesses and nonprofit groups in central Louisiana gain in-person access to federal disaster loan assistance after Tropical Storm Arthur hit the area on June 17 and 18. The new SBA Business Recovery Center in Plaucheville also supports homeowners and renters seeking property and economic injury financing, with application deadlines extending into 2027.
Highlights
- The U.S. Small Business Administration opened a Business Recovery Center in Plaucheville on July 16 to support Tropical Storm Arthur recovery.
- Eligible businesses and nonprofits can apply for SBA business physical disaster loans up to $2 million to repair or replace damaged assets in Avoyelles Parish.
- SBA’s Economic Injury Disaster Loans offer working capital to small businesses, agricultural cooperatives, and nonprofits affected by the disaster, regardless of physical damage.
Loan assistance and center operations
As reported by U.S. Small Business Administration, citing an announcement from the U.S. Small Business Administration, customer service representatives begin operating the Business Recovery Center in Plaucheville on July 16 to answer questions and help applicants complete disaster loan paperwork. The center is located at the Plaucheville Community Center, 245 LA Hwy. 1181, and operates Thursday through Saturday from 9 a.m. to 4 p.m., with walk-ins accepted and appointments available in advance.Chris Stallings, Associate Administrator of the Office of Disaster Recovery and Resilience at SBA, says the centers give business owners direct access to specialists who can guide them through the disaster loan application process and connect them with recovery resources. The assistance is aimed at businesses and private nonprofit organizations affected by Tropical Storm Arthur in Avoyelles Parish.
Eligible businesses and nonprofits may apply for business physical disaster loans of up to $2 million to repair or replace damaged real estate, machinery, equipment, inventory and other assets. SBA’s Economic Injury Disaster Loan program is also available to small businesses, small agricultural cooperatives and private nonprofit organizations, including faith-based groups, for working capital needs tied directly to the disaster, even if they did not sustain physical damage.
Federal funding for St. John’s metro businesses under Canada’s Regional Tariff Response Initiative was previously covered by our publication, outlining C$3.565 million in support for nine companies to adopt new technologies, optimize supply chains, and expand into new markets. We noted the program’s focus on improving competitiveness and resilience amid international market uncertainty, with expected benefits for regional growth and jobs.
- Forex
- Crypto