In the midst of the ongoing spread of COVID-19 (coronavirus) and the incredible speed at which things are changing around us, CSRS is continually adapting our operations and business.
Moving forward, we will be managing our business virtually to ensure the safety of our employees, families and communities, while keeping our clients, their projects and our livelihoods at the forefront of our minds. Our goal is to maintain minimal disruption to our day-to-day business operations and performance as much as possible, in an effort to protect our loved ones, peers, businesses and economy.
Our personal thoughts and prayers are with all those concerned or isolated because of this virus, though we are confident it will run its course in the near future. The more we do — as a company, as a community and as individuals — to mitigate the impacts will help our world return to normalcy sooner.
Since March 14th, Louisiana has seen nearly 630,000 unemployment claims, accounting for almost 30% of the state’s workforce. Now is […]
Information to help navigate your options for COVID-19 relief.
Delgado online training for SBA disaster loans:
Delgado Community College is hosting an online workshop for businesses seeking U.S. Small Business Administration loans to help them through COVID-19. The SBA’s Louisiana District Office is leading the webinar on how to apply for an Economic Injury Disaster Loan, working capital loans to help small businesses, small agricultural cooperatives, small businesses engaged in aquaculture, and most private, non-profit organizations meet their ordinary and necessary financial obligations that cannot be met as a direct result of the disaster. Businesses located in the parishes of Orleans, Jefferson, Plaquemines, St. Bernard and St. Tammany are eligible to apply.
No Collateral needed for SBA Economic Injury Disaster Loan
Unlike a regular Small Business Administration (SBA) loan, where the funds come from a bank loan, money from an EIDL comes directly from the U.S. Treasury. Due to the unprecedented nature of the coronavirus crisis, several changes have been made to the program. Previous loans above $25,000 required collateral, this requirement has been waived.
Baton Rouge Business Report’s article summarizes a webinar held with Susheel Kumar, public information officer at the federal SBA’s Office of Disaster Assistance, about how entrepreneurs can benefit from the loan program and the eligibility requirements.
NEMA Summarizes the Coronavirus Air, Relief, and Economic Security (CARES) Act
On Thursday, March 26, 2020, the National Emergency Management Association released an email summarizing the highlights of the CARES Act. The bill is essentially divided into two sections – one covering primarily unemployment and tax provisions and the other Appropriations. Given the enormity of the 890-page, $2T package, this summary focuses on the $330B in new spending, highlighting the priorities relevant to emergency managers.
Mrs. Atkinson has spent the last 15 years managing complex technical, policy, and inter-agency coordination efforts to help citizens and governments navigate disaster and development related government programs and unlock their potential for economic, community, and infrastructure development. As CSRS’ resident expert in FEMA Public Assistance Program and Grants Management, and an advocate for local and state entities, Mrs. Atkinson helps public entities bringing disrupted infrastructure services back online to harness available federal funding quickly.Contact