CORONAVIRUS TAX RELIEF
On Friday, March 27, President Trump signed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the single largest economic relief package in U.S. history at $2.2 trillion - including $350 billion in loans for small businesses with loan forgiveness provisions
The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus.
SBA will forgive loans if all
employees are kept on the payroll for eight weeks and the money is used for payroll, rent, mortgage interest, or utilities.
Up to $10,000
In response to the Coronavirus (COVID-19) pandemic, small business owners are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. Funds can be made available within three days of a successful application, and this loan advance will not have to be repaid.
Texans can dial 2-1-1 (option 6) for information on COVID-19 and local community resources on health care, utilities, food, housing and more. Wait times are currently higher than normal. More COVID-19 information.
SUPPORT FOR FAMILIES & INDIVIDUALS
APPLY NOW - SBA LOAN ADVANCE