Businesses Recovering from COVID-19 Pandemic

Businesses Recovering from COVID-19 Pandemic

3 he's open at some point during july well you'll have the program up and running- businesses will go online and apply- you know list out what their experiences war with their up any ppp money that they may have received- they'll be a formula that'll be that'll be out there on the website details on who qualifies.

Basically businesses- that have less than fifty employees small businesses- to be able to apply to people giving up some of the money they spent doing shut down when they were forced to close down.

Anyone business can get is fifteen thousand- that's what was written into the law.

So you know twenty thousand businesses could if they max out who would get fifteen thousand so i think they'll be a significant number of businesses that are qualified just by way of example sixty six thousand- businesses apply for ppp loans in louisiana.

And that was for businesses with five hundred employees or less so it'll be a smaller pool that i would imagine- but i think those.

That need help we'll be able to get some.

Publisher of phase three report which is a longer term economic solution and so the first two phases that we presented to the legislature.

Works small- items that will business type of legislation that would that would help businesses.

Whether it be in the legal environment or in the tax environment.

Phase three will be hey you should look at these things long term like to provide a more stable economy going forward so