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SBA Offers Financial Relief to Louisiana Businesses Impacted by New Year’s Tragedy in New Orleans

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SBA Offers Financial Relief to Louisiana Businesses Impacted by New Year’s Tragedy in New Orleans


Biden-Harris Administration quickly deploying resources to assist all those impacted by horrific attack

Washington, Jan. 04, 2025 (GLOBE NEWSWIRE) — In response to the request from Louisiana Gov. Jeff Landry, the U.S. Small Business Administration (SBA) announced that small businesses and private nonprofit organizations (PNPs) in Louisiana may now apply for federal disaster loans to offset economic losses caused by the mass casualty incident that occurred in the French Quarter of New Orleans on Jan. 1. The disaster declaration includes the parishes of Jefferson, Orleans, Plaquemines, St. Bernard and St. Tammany.

“The SBA joins the entire federal family in grieving the lives lost in this horrific attack and praying for those who were injured,” said SBA Administrator Isabel Casillas Guzman. “As New Orleans and the wider community mourn and begin the healing process for this devastating tragedy, the SBA, in collaboration with state and local partners, stands ready to support and help provide disaster assistance to businesses suffering economic impact – including the small businesses than make neighborhoods like the French Quarter so vibrant.”

Under this declaration, the SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, small aquaculture enterprises, and PNPs that suffered financial losses as a direct result of this disaster. EIDLs offer working capital needs caused by the disaster and are available even if the business did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.

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The loan amount can be up to $2 million with interest rates of 4% for small businesses and 3.625% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amounts and terms based on each applicant’s financial condition.

Under the Biden-Harris Administration, the SBA has simplified the process for an SBA disaster declaration and expanded available financial relief available, allowing the agency to more quickly provide greater affordable disaster loans and assistance to the small businesses that are the backbone of our communities nationwide.

Applicants may apply online and receive additional disaster assistance information at SBA.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

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Oil donors cling to Cassidy in Louisiana primary

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Oil donors cling to Cassidy in Louisiana primary


Oil and natural gas companies are lining up behind Louisiana Republican Sen. Bill Cassidy as he fights an uphill primary battle.

Cassidy, a senior member of the Energy and Natural Resources Committee and outspoken ally of oil, has gotten about $120,000 in campaign contributions from donors and political action committees in oil and adjacent industries since the beginning of last year, a review of his campaign disclosures by POLITICO’s E&E News shows.

Rep. Julia Letlow got about $43,500 from industry sources since entering the race in January, disclosures show. Louisiana Treasurer John Fleming got $12,750 from oil and gas.

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Cassidy took in $14,500 from oil and gas in the same period, though many of his donors had already given the maximum allowable amount by then. Fleming got $3,500 of his total in that time period.



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Louisiana receives $18.9 million in FEMA grants for hurricane recovery

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Louisiana receives .9 million in FEMA grants for hurricane recovery


NEW ORLEANS (WVUE) – Louisiana will receive $18.9 million in federal grants for hurricane recovery, Sen. John Kennedy announced Thursday (May 14).

Funding from the Federal Emergency Management Agency will support disaster recovery efforts and repairs in communities impacted by Hurricanes Ida and Francine.

Kennedy said the funding will support Lafourche, Jefferson and Terrebonne parishes, as well as the Louisiana Department of Transportation and Development.

The grants include $8.8 million to the Greater Lafourche Port Commission for permanent repairs from Hurricane Ida.

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Jefferson Parish will receive $5.3 million for management costs from Hurricane Ida.

Terrebonne Parish will receive $2.6 million for debris removal operations from Hurricane Francine.

The Louisiana Department of Transportation and Development will receive $2.2 million for debris removal operations from Hurricane Francine.

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Copyright 2026 WVUE. All rights reserved.



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Louisiana National Guard troops return to Washington for Trump task force

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Louisiana National Guard troops return to Washington for Trump task force


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  • Louisiana National Guard soldiers have been deployed to Washington, D.C., for a second time.
  • The deployment is part of a crime emergency declared by President Trump nine months ago.
  • About 125 soldiers will assist local police and the D.C. National Guard in a support role.
  • The soldiers will patrol high-traffic areas but will not have the authority to make arrests.

Louisiana National Guard soldiers have returned to Washington, D.C., on a second deployment as part of President Trump’s continued crackdown on crime in the nation’s capital.

Trump declared a crime emergency in Washington nine months ago to trigger deployments of states’ National Guard troops to the capital.

Republican Gov. Jeff Landry first sent a contingent of Louisiana soldiers to Washington in August 2025. Lt. Col. Noel Collins told USA Today Network on May 13 that all of those soldiers returned to Louisiana by the end of December.

Landry’s latest deployment of Louisiana soldiers includes about 125 who began assisting other soldiers and local police May 12.

Louisiana’s soldiers won’t make arrests, but they will patrol high-traffic areas while playing a supporting role for the D.C. National Guard and local police.

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The White House has said its capital crime task force has made more than 12,000 arrests since August and seized thousands of illegal guns.

Greg Hilburn covers state politics for the USA TODAY Network of Louisiana. Follow him on Twitter @GregHilburn1.



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