Gov. Greg Abbott Creates Loan Package to Help Small Businesses
If you have a small business that has been struggling during this COVID-19 pandemic, you may qualify for help from the state of Texas.
On Monday morning, April 13th, Governor Greg Abbott held a virtual press conference to announce Goldman Sachs will provide $50 million in loans to help fund a small business loan package, according to KFOX.
Money will be distributed by LiftFund, a nonprofit organization that has always been a resource for small businesses in need of small loans. For those who want to see if they will qualify for a loan are encourage to reach out to LiftFund and apply now.
During this tough time, Governor Abbott made it clear that he believes "small businesses are the heartbeat of Texas." We at Townsquaremedia El Paso, are trying our best to help support local businesses by spreading the word of things going on to support them and have created an eat local list you can check out here.