COVID-19 Economic Relief and Assistance
In the face of the COVID-19 pandemic and the near shutdown of our economy, the LSN Partners team is committed to helping our clients and their small business partners, real estate tenants, franchisees, subcontractors and supply chain vendors through these trying times.
Governments at the federal, state and local levels are moving quickly to create and fund programs to provide financial relief to businesses of all sizes, with a targeted focus on small businesses. The relief is unprecedented and includes a wide range of financial opportunities:
– Federal grants and loans, including the Small Business Administration’s (SBA) Economic Injury Disaster Loan program and $350 billion in emergency supplemental appropriations (CARES) Act
– State-backed loan programs, such as the Florida Small Business Emergency Bridge Loan
– Local economic relief programs, like those established in New York City and Atlanta, among others
Given LSN’s experience and reach at the local, state and national levels, we are ready to help our clients and their network of small business partners through this crisis.
Here’s How We Can Help
– Assist in crafting strategies that take full advantage of programs intended to help businesses
– Identify and apply for grants, loans and other financial relief programs
– Work with key officials and agency partners to address priorities in relief and stimulus packages
– Work directly with you and your tenants, franchisees, subcontractors and supply chain vendors through the process of identifying and applying for assistance
Our economic development and relief practice is led by Cissy Proctor, who joined LSN after serving as Executive Director of the Florida Department of Economic Opportunity, the State agency responsible for providing assistance to workers, businesses and communities under blue skies and in the wake of disasters. Her understanding of economic relief and development efforts across all levels of government, along with her extensive experience interfacing with Washington, is a significant resource to our firm and clients.
Hector V. Barreto, a Senior Advisor at LSN, previously served as U.S. Small Business Administration Administrator for five years. As SBA Administrator, Hector oversaw a loan portfolio in excess of $60 billion and managed the agency’s assistance to thousands of small businesses following disasters such as the 2001 attack on the World Trade Center and Hurricane Katrina. Given his unparalleled experience at the highest levels of the SBA, Hector’s expertise, especially in times like these, is invaluable to businesses.
Diana Mendez and Jose Fuentes also offer insight particularly relevant to LSN’s economic assistance services. Prior to joining LSN, Diana worked as an Attorney-Advisor at the SBA National Guaranty Purchase Center where she routinely reviewed loan purchase requests by SBA authorized lenders and advised the center director on whether the loans met SBA requirements. As a result, Diana is uniquely familiar with SBA loan requirements involving, among others, loan documentation as well as size standards and affiliation issues. Jose, a former advisor at the White House, has significant experience in the federal sector. Given his time leading disaster response messaging for the U.S. Agency on International Development (USAID), Jose has a deep understanding of federal agencies’ inner workings.
If you have any questions regarding LSN’s services related to the COVID-19 outbreak, or if you need other assistance, email Nicole Gomez, LSN’s Director of Client Relations, at firstname.lastname@example.org. Before, during, and after good times and bad, we are here for you and your business.