Louisiana Small Businesses Five Years Post-Katrina
Assessing LDRF Program Impacts And Measuring Existing Needs
In 2009 and 2010 the Policy and Economic Research Council (PERC) examined the continuing impact of Hurricane Katrina and other disasters on small businesses and the self-employed in Louisiana. Primary to this research was an examination of the impacts of aid received from the Community Development Organizations (CDOs) funded in part by the Louisiana Disaster Recovery Foundation (LDRF) as well as aid received from other sources. For this research PERC conducted five case study interviews of small business operators and the self-employed who received aid from LDRF-funded CDOs, surveyed over 1,600 small business operators, and analyzed tens of thousands of Experian small business credit files. The following are key findings of this research.