Small businesses and nonprofits in the 51 parishes impacted by the March and August 2016 floods have until Oct. 31 to apply for a loan through the Restore Louisiana Small Business Program.

The program offers loan amounts ranging from $10,000 to $150,000 through participating lenders. If borrowers comply with all requirements, the loans are interest-free, and 20 percent of the loan is forgiven when 80 percent of the principal is repaid.

The loans can be used for working capital — rent, mortgage, utilities, non-owner employee wages and inventory, and movable equipment. However, construction-related expenses are not eligible.

Information is at restore.la.gov.