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Our main objective is to make our clients’ lives easier. We take a fresh and effective approach to representing our clients, tailoring our legal services to fit your needs. We have served our clients for over 25 years with creativity, sensitivity, and foresight. Learn why experience is key.

-Damon Baldone

Paycheck Protection Program Loans to Small Businesses


Forgivable Loans

Applicable towards Payroll costs, mortgage interest, rent, and utility payments

Deferred Payments

For six months (although interest will accrue during this time)

Free Loan Assistance

No law firm service fees  and no lender fees. 

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Damon J. Baldone & Associates, A Professional Law Corporation

Attorney Damon J. Baldone
Office: Houma, Louisiana
Serving Clients Nationwide.
Licensed in Louisiana

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FREE 

Application Assistance Services


If you missed the first round funding, we suggest applying as soon as possible to be first in line for subsequent rounds of funding as applications are approved on a first-come first-serve basis. We suggest you complete the application and forms and submit back to my law firm as soon as possible. 

On March 31, 2020, the U.S. Department of the Treasury issued additional guidance to small businesses seeking loans under the Paycheck Protection Program of the recently enacted Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”).

This Program allocated $349 billion in government-backed forgivable loans to small businesses.

It's not too late - we're here to help ensure you have the tools to protect your business. 

Act Now

Program Ends June 30, 2020


Loan Program Details

All loan terms are the same for all applicants

  • Term: 2 years

  • Interest Rate: 0.50% fixed

  • Payments: Loan payments are deferred for 6 months, however, interest is accrued during this period

  • Collateral: No collateral or personal guarantee requirements

Who is eligible?

  • All businesses with 500 or fewer employees (including nonprofits, veterans organizations, Tribal business concerns, sole proprietorships, self-employed individuals, and independent contractors). 

Timing: 

  • April 3, 2020: Small businesses and sole proprietorship applications open
  • April 10, 2020: Independent contractors and self-employed individual applications open
  • June 30, 2020: Program ends

Loan Forgiveness Qualifications: 

  • Proceeds must be used to cover payroll costs, and most mortgage interest, rent and utility costs over an 8-week period after the loan is created to be forgiven. 

  • Employee and compensation levels must be maintained

  • You will owe money when your loan is due if loan is used for any other costs or if staffing and payroll levels are not maintained. 

Additional Funding Rounds

Apply Now to be First in Line

Offer is ONLY for New Paycheck Protection Program Loans, Not Any Other SBA Loan

Already applied? Please contact your bank.