McGlinchey Stafford, PLLC, is working with the State of Mississippi as pro bono bond counsel to implement a $25-million dollar loan program to help small businesses hurt by Hurricane Katrina.
The $25-million Disaster Loan Program will provide assistance to small businesses in Mississippi directly impacted by Katrina by providing short-term financing for their businesses operations. Ultimately the program serves as a recovery effort to help strengthen the foundation of Mississippi and restore the state's economic health. The program is modeled after a successful Florida bond program.