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Treasurer Schroder: Main Street to start taking grant applications by July 28

BATON ROUGE, LA - Small businesses can start applying by July 28 for grants to help cover COVID 19-related expenses, State Treasurer John M. Schroder announced today at the State Capitol.Through the Main Street Recovery Program, businesses can apply for up to $15,000 to cover eligible expenses. In the first 21 days of the program, grants will be given to businesses who didn't receive a Paycheck Protection Program loan, insurance payment or an Economic Injury Disaster loan. In the first 60 days, $40 million will go to businesses owned by women, minorities and veterans. Postlethwaite & Netterville (P&N), which is the largest Louisiana-based CPA firm, will serve as the program administrator to take applications, run a customer contact center, help small businesses complete applications and help with statewide outreach. MLCworks, a woman-owned Louisiana business, will help with digital marketing and advertising. Technology will be handled in house through OpenGov, which already operates Treasury's trans parency website.

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