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NEW ORLEANS – Louisiana Treasurer John Schroder and New Orleans Mayor LaToya Cantrell are speaking about the state’s Main Street Recovery Program.

The program will distribute $275 million statewide, Schroder said. Of that, $40 million will go to minority owned businesses, Cantrell said.

The program is geared toward “mom and pop” brick-and-mortar businesses with fewer than 50 employees.

Applications will begin being accepted online at the Louisiana Treasurer’s website or at louisianamainstreet.com.