COVID-19 Resources for Your Business
There are many resources available to your business during this time including low-interest federal small business loans, communications tool kits, and information on the health and safety of your employees.
Governor's Strike Force to Open Texas
The Texas Governor, Greg Abbott has kept the state informed and updated of his plans to safely navigate the re-opening of the state. The office of the Governor has released a checklist for businesses to prepare for re-opening and staying safe. Use the link below to view the checklist as of May 24, 2021.
Economic Injury Loans Available
The U.S. Small Business Administration is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Small business owners in all U.S. states and territories are currently eligible to apply for a low-interest loan due COVID-19.Here are a few things to have ready when filling out an application:
- Business tax returns for the two most recent years filed
- 2019 year-end financial statements
- Personal financial statements for any owner with over 20% interest in the entity
- Current Note Schedule (Lender, Balance, Payment, Terms, Collateral)
Internal Revenue Service (IRS)
The IRS has established a special section focused on steps to help taxpayers, businesses and others affected by the coronavirus. This page will be updated as new information is available.
U.S. Chamber of Commerce
The U.S. Chamber is working closely with the White House, U.S. government agencies, and foreign government officials to inform and equip businesses with the most important and up-to-date information to prevent the spread of the virus and prepare businesses for the near and long-term impact.
U.S. Centers for Disease Control Resources for Businesses & Employers
The U.S. CDC has developed interim guidance that may help prevent workplace exposures to acute respiratory illnesses, including COVID-19, in non-healthcare settings. The guidance also provides planning considerations if there are more widespread, community outbreaks of COVID-19.
Texas Association of Business Resources
The Texas Association of Business has also compiled resources for Texas businesses with the latest information from the Centers for Disease Control, Texas Department for of State Health Services and the White House.
Texas Workforce Commission Resources for Employers
The Texas Workforce Commission has put together a resource page for employers dealing with effects of COVID-19 including information on unemployment benefits, precautions for employers, layoffs and shared work programs, and reducing employee hours.