We hope this email finds you healthy and safe. This is a challenging time for all Texans, but by working together, we will come out of this even stronger than before. The Governor's Economic Development & Tourism Office (EDT) and community partners continue to closely monitor the current situation and are working hard to provide you with the latest information, updates and resources.
Governor Greg Abbott has 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. In addition, the Governor has established the Strike Force to Open Texas-a team of nationally recognized medical experts and private and public leaders who will advise the Governor on safely and strategically reopening the state.
I'm honored to be named to serve on the Governor's Strike Force to Open Texas and to work with other business and industry leaders to inform the Governor on the best strategies to open our economy while protecting the health and safety of Texans.
For more information on the Strike Force to Open Texas, visit our official website and explore the Special Advisory Group and the Strike Force Working Groups. Texans are invited to offer feedback using the "Contact" button on those webpages, which will send inquiries to the Strike Force. The Governor and the Strike Force will provide an additional update on April 27, 2020.
Also included in the Governor's Executive Order is a new "Retail-To-Go" model for Texas retailers. This model will allow retail outlets in Texas to reopen beginning Friday, April 24. Under this model, reopened establishments are required to deliver items to customer's cars, homes or other locations to minimize contact. Any retailers considering utilizing the "Retail-To-Go" model should review the following guidance located on the Texas Department of State Health Services' website:
COVID-19: Guidance for Employers, Employees, and Customers of Reopened Retail Services
Feel free to contact our office if we can answer any questions regarding resources for Texas businesses. Please continue to stay safe, healthy and hopeful. And please continue to check in online at gov.texas.gov/business/coronavirus, or follow us on social media for the latest information and resources. For additional information on Texas' response to COVID-19, visit
Thank you all for your continued service to Texas!
Stay safe and stay healthy!
Economic Development & Tourism
Office of Governor Greg Abbott
If you have not already done so, sign up for COVID-19 related email updates for Texas businesses here. Get the latest information, resources and news directly to your inbox.
Please watch for more details/clarifications; however here are some important dates per the Governor's Executive Order today:
April 20th - State Parks Reopen, face masks will be required and groups of no more than 5
April 21st - Restrictions on specific elective surgeries will be eased
April 24th - Retail-to-Go will allow retailers to open with curbside, drive-up or delivery options
April 27th - Additional openings will be announced
Schools including Colleges and Universities will remain closed until Fall at the earliest.
Keller (and surrounding area) will deliver to your front porch. Email email@example.com
Cisco friends- text your Beer To Go and shirt order to 817-455-2766 and we can bring it curbside to you Friday been 4pm-7pm or Sat 12pm-4pm. Order now and we will have it ready!
The TX Restaurant Relief Fund, established through the Texas Restaurant Association Education Foundation (TRAEF), the not-for-profit workforce development arm of the TRA, has a simple yet critical mission: To provide immediate financial relief to Texas' independent restaurateurs with funds designed to save employee jobs. Independent restaurateurs will be eligible to apply for grants of up to $5,000 per unit through the TX Restaurant Relief Fund.
The Restaurant Employee Relief Fund ("Fund") was created to help restaurant industry employees experiencing extraordinary hardship in the wake of the coronavirus disease (COVID-19) outbreak. Through this Fund, grants will be made to restaurant industry employees who have been impacted by COVID-19, including a decrease in wages or loss of employment.
Scammers are using the Small Business Administration's (SBA) name to con small businesses and individuals during the COVID-19 crisis through phone calls, emails, text messages and letters.
Federal Disaster Loans for Businesses, Private Nonprofits, Homeowners, and Renters
(Printing the form to give to local SBA bankers may be the best way to apply)
Economic Injury Disaster Loans
If you have suffered substantial economic injury and are one of the following types of businesses located in a declared disaster area, you may be eligible for an SBA Economic Injury Disaster Loan (EIDL):
These are challenging times for businesses all over the nation. The Texas Comptroller's office knows that during periods of economic hardship, paying or remitting taxes and fees on time can feel like an extra burden when there's so much uncertainty. We're thankful to those businesses that were able to remit state and local sales taxes they collected from customers in February on the March 20, 2020, due date.
We understand that virtually all of our taxpayers are doing their best to remain in compliance and be responsible in submitting the taxes they collected from their customers. With that in mind, our agency is here to offer assistance to those businesses that are struggling to pay the full amount of sales taxes they collected in February.
For businesses that find themselves in this situation, our agency is offering assistance in the form of short-term payment agreements and, in most instances, waivers of penalties and interest.
We ask that you contact our Enforcement Hotline at 800-252-8880 to learn about your options for remaining in compliance and avoiding interest and late fees on taxes due.
In addition, we have a variety of online tools for businesses seeking assistance. See our COVID-19 emergency response webpage for access to online tools, tutorials and other resources for tax services, and to establish 24/7 online account access with Webfile.
We're standing by to help Texas businesses during these difficult times.
March 31, 2020
WASHINGTON - Following President Trump's signing of the historic Coronavirus Aid, Relief, and Economic Security (CARES) Act, SBA Administrator Jovita Carranza and Treasury Secretary Steven T. Mnuchin today announced that the SBA and Treasury Department have initiated a robust mobilization effort of banks and other lending institutions to provide small businesses with the capital they need.
The CARES Act establishes a new $349 billion Paycheck Protection Program. The Program will provide much-needed relief to millions of small businesses so they can sustain their businesses and keep their workers employed.
"This legislation provides small business job retention loans to provide eight weeks of payroll and certain overhead to keep workers employed," said Secretary Mnuchin. "Treasury and the Small Business Administration expect to have this program up and running by April 3rd so that businesses can go to a participating SBA 7(a) lender, bank, or credit union, apply for a loan, and be approved on the same day. The loans will be forgiven as long as the funds are used to keep employees on the payroll and for certain other expenses."
"This unprecedented public-private partnership is going to assist small businesses with accessing capital quickly. Our goal is to position lenders as the single point-of-contact for small businesses - the application, loan processing, and disbursement of funds will all be administered at the community level," said Administrator Carranza. "Speed is the operative word; applications for the emergency capital can begin as early as this week, with lenders using their own systems and processes to make these loans. We remain committed to supporting our nation's more than 30 million small businesses and their employees, so that they can continue to be the fuel for our nation's economic engine."
The new loan program will help small businesses with their payroll and other business operating expenses. It will provide critical capital to businesses without collateral requirements, personal guarantees, or SBA fees - all with a 100% guarantee from SBA. All loan payments will be deferred for six months. Most importantly, the SBA will forgive the portion of the loan proceeds that are used to cover the first eight weeks of payroll costs, rent, utilities, and mortgage interest.
The Paycheck Protection Program is specifically designed to help small businesses keep their workforce employed. Visit SBA.gov/Coronavirus for more information on the Paycheck Protection Program.
• The new loan program will be available retroactive from Feb. 15, 2020, so employers can rehire their recently laid-off employees through June 30, 2020.
LOAN TERMS & CONDITIONS
• Eligible businesses: All businesses, including non-profits, Veterans organizations, Tribal concerns, sole proprietorships, self-employed individuals, and independent contractors, with 500 or fewer employees, or no greater than the number of employees set by the SBA as the size standard for certain industries
• Maximum loan amount up to $10 million
• Loan forgiveness if proceeds used for payroll costs and other designated business operating expenses in the 8 weeks following the date of loan origination (due to likely high subscription, it is anticipated that not more than 25% of the forgiven amount may be for non-payroll costs)
• All loans under this program will have the following identical features:
o Interest rate of 0.5%
o Maturity of 2 years
o First payment deferred for six months
o 100% guarantee by SBA
o No collateral
o No personal guarantees
o No borrower or lender fees payable to SBA