Helping Businesses Affected by Flooding - KPLC 7 News, Lake Charles, Louisiana

Helping Businesses Affected by Flooding

(Source: KPLC) (Source: KPLC)
LAKE CHARLES, LA (KPLC) -

Less than a year removed from the 2016 floods, some businesses in Southwest Louisiana are still recovering.

A lifeline is available for those affected.

TruFund, a financial institution, has partnered with the Restore Louisiana Small Business Program.

"These funds come by way of the Federal Government through OCD, which is Office of Community Development at the State level," said Kim Carter-Evans.

Carter-Evans, Communications Director at TruFund, says recipients will be in 51 of Louisiana's 64 Parishes and loans will be offered at zero percent interest.

"Businesses have identified that there is still a gap in the funding that is needed," she says. "One of the things they identified was the need for something that was either a low percent or zero percent. I think a lot of small businesses are not taking advantage of these loans."

"Part of it is because they don't want to take on the additional debt obligation," said Donna Little, director of the Louisiana Small Business Development Center at McNeese State University.

If businesses do participate, they're required to show at least $10,000 in damages or that they have suffered a 20 percent loss of revenue.

"That is the lifeblood of the community," Carter-Evans said. "It's one thing for those national chains to come into a community, but it's another to make sure those locally owned businesses have the ability to get back up and running."

Copyright 2017 KPLC. All rights reserved.

  • More Local NewsNewsMore>>

  • Bundick Lake drawdown gate opened

    Bundick Lake drawdown gate opened

    Thursday, July 27 2017 4:42 PM EDT2017-07-27 20:42:34 GMT
    Bundick Lake water levels (Source: United States Geological Survey)Bundick Lake water levels (Source: United States Geological Survey)

    The National Weather Service is forecasting Bundick Lake water levels to reach the 97-foot flood stage, according to the Beauregard Parish Police Jury Facebook page. Bundick Lake's drawdown gate was opened yesterday to control high water levels. The Louisiana Department of Transportation and Development says the gate will remain open until the water level is back below the 97-foot flood stage. Water levels are being constantly monitored, says the Beauregard Parish Police ...

    More >>

    The National Weather Service is forecasting Bundick Lake water levels to reach the 97-foot flood stage, according to the Beauregard Parish Police Jury Facebook page. Bundick Lake's drawdown gate was opened yesterday to control high water levels. The Louisiana Department of Transportation and Development says the gate will remain open until the water level is back below the 97-foot flood stage. Water levels are being constantly monitored, says the Beauregard Parish Police ...

    More >>
  • DISTRICT MAP: Mayor Hunter meeting with District B residents tonight

    DISTRICT MAP: Mayor Hunter meeting with District B residents tonight

    Thursday, July 27 2017 3:47 PM EDT2017-07-27 19:47:19 GMT
    District B mapDistrict B map

    Mayor Nic Hunter and the Community Advisement and Assessment Board will host a community meeting for the residents of District B Thursday evening. The meeting follows a July 13 meeting for District A residents, and is part of a series of community meetings planned for each district within the City of Lake Charles. If you're wondering where exactly District B is, here's a handy map: District B is the one marked in green.

    More >>

    Mayor Nic Hunter and the Community Advisement and Assessment Board will host a community meeting for the residents of District B Thursday evening. The meeting follows a July 13 meeting for District A residents, and is part of a series of community meetings planned for each district within the City of Lake Charles. If you're wondering where exactly District B is, here's a handy map: District B is the one marked in green.

    More >>
  • District Attorney: Community needs to come together to address teen violence

    District Attorney: Community needs to come together to address teen violence

    Thursday, July 27 2017 3:40 PM EDT2017-07-27 19:40:46 GMT
    (Source: Raycom)(Source: Raycom)

    There is a shocking trend in the Lake area—deadly violence with teens among those arrested. In fact we've seen two cases in just over a week.First on July 17TH, gunfire on North Simmons Street in Lake Charles left  31 year old Gary Obrien dead.       Four people face charges in connection with the case, including 16 year old Justin Ned. He's booked on charges of principle to first degree murder and armed robbery. And this past Saturday, 24-ye...

    More >>

    There is a shocking trend in the Lake area—deadly violence with teens among those arrested. In fact we've seen two cases in just over a week.First on July 17TH, gunfire on North Simmons Street in Lake Charles left  31 year old Gary Obrien dead.       Four people face charges in connection with the case, including 16 year old Justin Ned. He's booked on charges of principle to first degree murder and armed robbery. And this past Saturday, 24-ye...

    More >>
Powered by Frankly