BRAC Business Webinar: Loan Portfolio Guaranty Program

Join us on April 17 at 11:30 a.m. for a BRAC Business Webinar sponsored by ECS to learn about Louisiana’s Loan Portfolio Guaranty Program. Secretary of Louisiana Economic Development Don Pierson will explain the details of the new program and assist businesses in understanding how the funding may be used to support operations.

What is the Louisiana Loan Guaranty Program?

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.

The purpose of the LPGP is to provide loans to Louisiana small businesses in response to COVID-19. At this time, LED recognizes small business needs are immediate, and if there isn’t a timely response, the State risks losing a foundational element of its economy. In collaboration with the LBA and LPFA, LED has worked with the banking community to provide access to capital to small companies that may experience (have experienced) a sudden drop in revenues due to lost business caused by the COVID-19 pandemic. The State through LED is guaranteeing a portion of each participating bank’s loan. To view program details, click HERE.

This webinar has a 500 participant cap, be sure to register to secure your spot. A link to the webinar will be emailed to all registered attendees on the morning of the event.

Join from a PC, Mac, iPad, iPhone or Android device:

Please click this URL to join. https://zoom.us/j/96379793174?pwd=ZmxPeXVobk5rbWJHbUZzMkdHQ01zdz09

Password: 703679

Or join by phone:

(312)626-6799 or (646)876-9923

Webinar ID: 963 7979 3174

Password: 703679

Your Email:
Your Question:	Send Question

BRAC Business Webinar: Loan Portfolio Guaranty Program sponsored by ECS .wc-legacyPageTitle, .GeneralHeader, .HeaderStyle1, #wc-eventDetailsPageTitle, #wc-eventRegistrationPageTitle { display: none!important; }

Sponsors

Related Links

Attendees

Questions

BRAC Business Webinar: Loan Portfolio Guaranty Program sponsored by ECS