Governor Abbott Seeks Access to Disaster Loans for Small Businesses

Date: March 17, 2020

Gov. Greg Abbott is asking the federal government for a Small Business Administration Economic Injury Disaster Declaration so qualifying small businesses in Texas can access long-term, low-interest loans under the Economic Injury Disaster Loan (EIDL) program.

“At a time when small businesses are hurting from the economic impact of COVID-19, the State of Texas is committed to helping these businesses receive the financial relief they need to continue operating,” Abbott said. “That is why today I requested that the U.S. Small Business Administration implement a declaration to provide SBA Economic Injury Disaster Loans for the entire state of Texas.”

Click here to learn which areas qualify for an SBA disaster loan or to apply.

Click here to read Governor Abbott’s letter to the SBA. 

Related Content: News | CoronaVirus State | Texas

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