Small Business Stimulus Package Texas

The treasury department and small business administration on monday disclosed the names of businesses to whom they have lent more than 150 000 as part of the paycheck protection program.

Small business stimulus package texas. Small businesses that took a ppp loan and saw their revenues fall by 25 will be able to obtain a second loan. Small businesses are encouraged to do their part to keep their employees customers and themselves healthy. Most recently governor abbott signed an executive order consolidating its local predecessors and.

Small businesses can apply to twc for training offered by their local community or technical college or the texas a m engineering extension service teex. Equal opportunity employer program auxiliary aids and services are available upon request to. Texas workforce commission resources and services to help your small business compete in the global economy.

Below are details of small business provisions of the new stimulus package and as importantly. Keep in mind that this. April 1 2020 austin texas press release governor greg abbott today issued a statement regarding the recently passed 2 trillion federal stimulus package intended to relieve the economic impact of the covid 19 pandemic with a special focus on unemployed workers and the state s hardest hit businesses.

What the coronavirus 2t stimulus package means for tx small business. If 75 of the. Through twc s skills for small business program up to 2 million from the skills development fund is dedicated to texas small business community.

The legislation sets aside 284 billion towards forgivable small business loans under a new iteration of the paycheck protection program. Small businesses across texas have been crippled because of stay at home and shelter in place orders due to the coronavirus pandemic. Small business guidance loan resources.

Admin march 27 2020. In the 2 trillion relief package in april the 350 billion paycheck protection program offered small businesses the opportunity to borrow money to keep employees on their payrolls.