Now with the CARES Act in effect, the time is now for all businesses to contact their local banks or credit unions to apply for the loans, which will be forgiven if certain conditions are met. While some details are being sorted out, the time to begin the application process is now. We have attached an overview of the loan information as prepared by the US Chamber of Commerce.
All the best to you during this time of change. Shop Local. We're in this together.
Our region continues to lead the nation in industrial projects. Over $44 billion in projects are completed or wrapping up. We are anticipating a second wave of projects to begin this year, keeping in mind, our region is impacted by international events. The Lake Charles MSA (which is Calcasieu and Cameron parishes) is projected to lead the state in job growth the next two years.
If you have thought about opening a business or have a business idea you want to explore, or if you operate an existing business that needs expansion or re-imaging, then next month in SW La. is for you.