Update: Emergency Designation for Small Business Disaster Loans Approved

March 20, 2020

Update from the Office of the Governor

Emer­gency Des­ig­na­tion for Small Busi­ness Dis­as­ter Loans Approved

Gov­er­nor Greg Abbott today announced that the U.S. Small Busi­ness Admin­is­tra­tion (SBA) has includ­ed the entire state of Texas in its Eco­nom­ic Injury Dis­as­ter Dec­la­ra­tion and grant­ed access to its Eco­nom­ic Injury Dis­as­ter Loan (EIDL) pro­gram, which will pro­vide long-term, low-inter­est loans to qual­i­fy­ing busi­ness­es across the state.

Texas small busi­ness­es who believe they may be eli­gi­ble for an SBA EIDL should vis­it https://www.sba.gov/funding-programs/disaster-assistance where they can direct­ly apply for assis­tance. The online appli­ca­tion is the fastest method to receive a deci­sion about loan eligibility.

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