Gov. John Bel Edwards announced a new Louisiana Loan Portfolio Guaranty Program, which will offer loans of up to $100,000 to Louisiana small businesses of fewer than 100 employees that are impacted by the COVID-19 crisis. To help Main Street and rural businesses sustain operations, the loans will require no payments and will bear no interest for 180 days and carry below-market interest rates of no more than 3.5 percent. These loans are not forgivable and must be 100% repaid.

The Loan Portfolio Guaranty Program, or LPGP, is a partnership of Louisiana Economic Development, which will provide a loan guaranty fund; the Louisiana Bankers Association, whose membership will provide the loans; and the Louisiana Public Facilities Authority, which will administer the program. A total loan pool of $50 million will be quickly disbursed to eligible small businesses across Louisiana. Click Here to Learn More.

Start the Louisiana Loan Portfolio Guaranty Application Process

Please complete the forms below and upload along with the last three years of both business and personal tax returns.

  LPGP APPLICATION / WORKSHEET            COMMERCIAL LOAN APPLICATION          Business debt schedule   PERSONAL FINANCIAL STATEMENT             how to digitally sign a PDF               LPGP form A-2

CLICK HERE TO UPLOAD YOUR applications and supporting documents 

For assistance with the Louisiana Loan Portfolio Guaranty Program, email us at LPGP@metairiebank.com.

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