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Assistance for Small Businesses
Please note: This page is being updated as information and resources become available. Check back regularly!
SBA Loan Application Available
Governor Abbott announced that the U.S. Small Business Administration (SBA) has now granted Texas’ Economic Injury Disaster Loan (EIDL) assistance declaration, making loans available statewide to small businesses and private, non-profit organizations to help alleviate economic injury caused by the Coronavirus (COVID-19).
Emergency Business Assistance for Dallas County
On Monday, June 15, 2020, Dallas County will begin accepting pre-applications for its Emergency Business Assistance Program (EBAP). EBAP is funded with an allocation of $5 million in federal CARES Act dollars and is designed to rapidly provide financial assistance to small businesses located in Dallas County that have been adversely affected by the COVID-19 pandemic and that have been unable to obtain financial assistance to meet all of their business needs. Small businesses may be eligible to obtain a forgivable loan worth up to $15,000.
Message from the Texas Comptroller
View a message from the Texas Comptroller of Public Accounts dated March 25, 2020.
Strike Force to Open Texas
Governor Greg Abbott on April 17 held a press conference where he issued three new Executive Orders to begin the process of reopening the state of Texas while revising hospital capacity and certain social distancing guidelines. Within the orders, select activities and services that pose minimal to no threat of spreading COVID-19 are allowed to reopen using a "Retail-To-Go" model, certain restrictions on surgeries have been loosened, and schools will remain closed for the remainder of the 2019-2020 academic year.
Resumption of Paycheck Protection Program
Read a statement from the Administrator of the U.S. Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin on the resumption of the Payroll Protection Program (PPP).
Disaster Business Loan Application
Find out how to apply for a Disaster Business Loan.
Dallas Metropolitan SBDC Assistance
The Dallas Metropolitan Small Business Development Center is assisting small businesses!
AssistHer Emergency Relief Grant
The purpose of this program is to assist Texas, woman-owned businesses that have been severely impacted by Coronavirus (COVID-19). A total of $1,000,000 (100 grant awards) is available.
Senate Coronavirus Bill
The Senate on Tuesday, April 21, passed a $484 billion package to bolster small businesses and hospitals ravaged by the coronavirus pandemic and expand testing for COVID-19.