St. John The Baptist Parish News Release

More Businesses receive Funding through Small Business Loan & Grant Program

More Businesses receive Funding through Small Business Loan & Grant Program

Thursday, November 10, 2016

St. John the Baptist Parish – Five additional businesses of the 14 small businesses eligible for the Hurricane Isaac Small Business Loan and Grant Program received their funding allocations during a check presentation at the Percy Hebert Building Thursday, November 3, 2016.

Awards were granted to small businesses who completed the application process and were deemed eligible for assistance to fully recover from damages or losses suffered as a result of Hurricane Isaac. St. John Parish President Natalie Robottom and her Administrative staff, St. John Grants Administrator Myra Valentine, Economic Development Director Jerry Jones and South Central Planning and Development Commission Representative Cullen Curole were on hand for the presentation.

Businesses who received funding on November 3rd include:  Duck’s Ice, Inc; Lefthand Kreationz, Inc.; New Wine Christian Fellowship, Patela Construction, Inc. and Tyrone’s Detailing/Towing. Other businesses who received funding thus far include: Advanced Marketing & Promotions, LLC, Chatmon Construction, LLC, Down Home Creole Cookin, E&L Construction and J.E.S Construction, LLC.

“We are pleased to finally see the capital in the hands of the well-deserving and patient business owners and look forward to making the final four allocations in the upcoming weeks” said Valentine.

In 2013, St. John Parish was awarded $32 million in grant funds through the Community Development Block Grant (CDBG) Disaster Recovery Program with a portion being used for grants/loans to business owners directly affected from Hurricane Isaac. Through the program, funding was available as a 20% grant and 80% low interest loan to purchase equipment, inventory and/or to provide working capital associated with operations and recovery. Applicants that met all of the criteria were accepted.

 

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