Postlethwaite & Netterville to Head Up Louisiana Small Business Grant Program

Postlethwaite & Netterville to Head Up Louisiana Small Business Grant Program

Baton Rouge, La.-based Postlethwaite & Netterville, an IPA 100 firm, has been selected to administer the state of Louisiana’s new Main Street Recovery Program.

Among the firm’s responsibilities will be vetting and processing applications to determine eligibility and award amounts for the $300 million program, which will dole out up to $15,000 to small businesses to help them recoup expenses related to COVID-19.

In the first 21 days of the program, only small businesses that have not already received federal aid or insurance settlements will be eligible for a grant. After this period, if any money is still available, the program will be open to all small businesses so long as they are based in Louisiana, have suffered a business interruption due to the pandemic, have filed recent tax returns and have no more than 50 employees.

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