Economic Development

SBA Economic Injury Disaster Loans (EIDL) to help with the COVID-19 crisis

What's an EIDL? The SBA EIDL program can provide low-interest loans of up to $2M to businesses and private non-profits. EIDLs may be used to pay fixed debts, payroll, accounts payable and other bills.  The interest rate is 3.75% for small businesses without [...]

2020-03-24T13:29:44-05:00March 24th, 2020|

SBA Update! COVID-19 Disaster Loans Now Available in Texas & Upcoming Webinars

Texas small business can now apply for SBA Economic Injury Disaster Loans (EIDL) to help with the COVID-19 crisis. What's an EIDL? The SBA EIDL program can provide low-interest loans of up to $2M to [...]

2020-03-21T10:28:39-05:00March 21st, 2020|

SBA To Provide Small Businesses Impacted by Coronavirus (COVID-19) Up to $2 Million in Disaster Assistance Loans

SBA Administrator Jovita Carranza issued the following statement today in response to the President’s address to the nation: “The President took bold, decisive action to make our 30 million small businesses more resilient to Coronavirus-related economic disruptions. [...]

2020-03-17T18:09:10-05:00March 17th, 2020|

SBA Guidance for Coronavirus (COVID-19)

SBA To Provide Small Businesses Impacted by Coronavirus (COVID-19) Up to $2 Million in Disaster Assistance Loans WASHINGTON – SBA Administrator Jovita Carranza issued the following statement today in response to the President’s address to the nation: “The President [...]

2020-03-12T20:55:07-05:00March 12th, 2020|
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