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BP Oil Spill: SBA Loans (2011)

Louisiana: The State We're In



Genre: News, Public Affairs

Place Covered: Louisiana

Copyright Holder: Louisiana Educational Television Authority

Date Issued: 2011-01-21

Duration: 00:06:48

Subjects: BP Deepwater Horizon Explosion and Oil Spill, 2010 | United States. Small Business Administration | LOANS | Louisiana Small Business Development Center | Lake, Bill


  • Whinham, Charlie Host
  • Sanford, Shauna Host
  • Kendrick, Dorothy Producer
  • Crews, Keith Photographer
  • Sunda, Carmen Interviewee
  • Lake, Bill Interviewee
  • Lake, Jean Interviewee


This segment from the January 21, 2011, episode of the series “Louisiana: The State We’re In” features producer Dorothy Kendrick’s report on the Small Business Administration (SBA) disaster assistance loans offered to victims of the BP Oil Spill. Kendrick talks to Carmen Sunda of the Louisiana Small Business Development Center about the industries eligible for the loans, the loan application process, and why some businesses are deciding not to apply for the loans. She also interviews charter boat operator Bill Lake about the effect of the oil spill on his business, his decision to apply for an SBA loan, the difficult loan application process, and the importance of documentation in securing the loan. Hosts: Charlie Whinham and Shana Sanford