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The United States Senate Committee on Small Business and Entrepreneurship, led by Chair Mary L. Landrieu, D-La., yesterday passed S. 415, the Small Business Disaster Reform Act by a vote of 11-6, a measure supported and endorsed by the St. Tammany Economic Development Foundation.
S.415 modifies the SBA requirement that borrowers must use their personal home as collateral for business disaster loans less than $200,000. The bill requires SBA to review available business assets, such as commercial real estate, equipment, or inventory, before requiring a primary residence be used as collateral …
The School Leadership Center of Greater New Orleans honored students and teachers who participated in the organization’s first essay contest at an event last week.
This year, as an addition to its annual Spring Celebration, students were invited to submit essays on the meaning of “leadership.” Winning students in three age categories received grand prizes of $250, and their teachers each received $250 worth of teaching materials from Triumph Learning.
Grand prize winners were Trip Goodwin of St. Rita Catholic School in Harahan, for the 3rd – 5th grade category, and his …
The St. Tammany Economic Development Foundation today released its quarterly Trends Report, detailing local economic data for the first quarter of 2013.
The number of employed Parish residents fell 2 percent, or more than 2,000, from 107,430 to 105,303, compared with fourth quarter of 2012 (4Q12). The unemployment rate fell from 5.9 percent to 5.2 percent in year-over-year comparison of corresponding quarterly data. Local unemployment was considerably lower than the state and national rates of 6.3 and 8.1 percent, respectively. The number of unemployed residents, 5,750, was 11.2 percent lower than in 1Q12, when there were 6,477 …
The Parish Council tonight authorized Parish President Pat Brister to accept the donation of Meadowbrook Boulevard into the Parish Maintenance System – a step that required a suspension of Council rules but one deemed necessary to construct a turn lane at the Meadowbrook / Hwy. 190 intersection while the state is making improvements to the highway.
Ordinarily, an ordinance must be introduced and lay over for 30 days to allow for public comment. On its second reading, the Council can vote on the ordinance or table it. In this case, the …
Mandeville City Councilman and Mayor Pro-tem Rick Danielson said a new festival planned for July 4-6 at Fontainebleau State Park is not a City-sponsored event, despite being called the “Mandeville City Seafood Festival.”
A few months ago, organizers of the decades-old Mandeville Seafood Festival – a non-profit organization that donated its proceeds to area charities – announced it would not hold its event this year. In response, a local businessman stepped up and has taken the space and times previous reserved at the State Park by the original organization. Event promoter Nick Chetta …
