Our community is united. The Terrell Economic Development Corporation continues to serve as the advocate for local businesses and a champion for a stronger Terrell. Please reach out to share your input and ideas as we work to serve you and other businesses in our community.
Have a document or link to add to this page? Please send it to talana@terrelltexas.com.
PRINT a COVID-19 Prevention flyer to post at your business per the reopening guidelines from the State.
Visit the Open Texas website for always up-to-date information and checklists for reopening Texas.
7/2/2020: Governor Abbott Establishes Statewide Face Covering Requirement. The requirement states that every person in Texas shall wear a face covering over the nose and mouth when inside a commercial entity or other building or space open to the public, or when in an outdoor public space, wherever it is not feasible to maintain six feet of social distancing from another person not in the same household. There are some exceptions. Read the full proclamation.
7/2/2020: Governor Abbott Issues Proclamation to Limit Gatherings to no more than 10 People, with exceptions. Read the full proclamation.
6/29/2020: Kaufman County passes an order requiring all commercial business entities must develop and health and safety policy. The policy must require at a minimum that employees and visitores over the age of 10 wear a face covering when social distancing is not possible. Read the release.
6/26/2020: Governor Abbott Takes Executive Action To Contain Spread Of COVID-19, which required bars to close again on Friday, 6/26 and restaurants to drop back to 50% occupancy on 6/29. Outdoor gatherings of more than 100 people must be approved by local governments. Read the full GA-28 order.
6/3/2020: Governor Abbott Announces Phase 2 to Reopen Texas, which states that every business establishment in Texas shall operate at no more than 50 percent of the total listed occupancy of the establishment, with some exceptions. Also, effective immediately restaurants may begin seating tables of up to 10 individuals and beginning on 6/12, restaurants can increase to 75% of max occupancy. Read the full GA-26 order.
5/18/2020: Governor Abbott Announces Phase 2 to Reopen Texas, which includes reopening day cares, personal care services, and bars, as well as others. Effective this Friday, 5/22 restaurants can operate at 50% total occupancy. Read the full GA-23 order.
5/5/2020: Governor Abbott Issues Executive Order to Reopen Additional Businesses in Texas, including salons, barber shops, tanning salons. Businesses must follow guidelines. Wedding services and receptions at venues can resume at 25% capacity. The order also states that gyms, manufacturing facilities and offices can reopen with limitations on May 18. Read the full executive order.
4/27/2020: Governor Abbott Issues Executive Order to Reopen Texas that allows restaurants, retailers, malls and theaters to reopen on May 1 at 25% capacity. Museums and libraries can also reopen at 25% capacity, but hands-on/interactive exhibits must remain closed. Barbers, salons, bars and gyms must remain closed. Read the plan, which includes checklists for businesses and customers.
4/17/2020: Governor Abbott Issues Executive Order Establishing Strike Force To Open Texas. He also issued orders that:
Terrell City Council passed Resolution 964, which extends the state of disaster for the City, adopts the Kaufman County Shelter-In-Place Order, gives the City Manager authority to make determinations on "essential businesses", and enforces daily purchasing quantity limits. You can read the resolution here.
NOTICE: Paycheck Protection Program has Reopened. The Paycheck Protection Program resumed accepting applications July 6, 2020, at 9:00 AM EDT in response to President signing the program's extension legislation. The new deadline to apply for a Paycheck Protection Program loan is August 8, 2020. Read more, or find a lender.
On 6/3/2020 Senate Passed bill H.R. 7010, the Paycheck Protection Flexibility Act. It now goes to President Trump for approval. Under this bill, businesses would have more time to use their loan money beyond the initial eight-week timeline — which some local businesses that are prohibited from opening their doors have said did not work for them — and still qualify for loan forgiveness. It would also expand how much of the money would have to be spent on payroll costs. Read details in this article from Journal of Accountancy.
On Monday, 4/14/2020 Governor Abbott announced forgivable loans for small businesses in Texas.
On March 27, the federal CARES Act was signed into law, providing over $2.2 trillion in federal stimulus spending to aid the U.S. economy. One of the most important aspects is the Paycheck Protection Program (PPP).
Read the U.S. Chamber of Commerce's Guide to PPP Loan Forgiveness.
Read the U.S. Chamber of Commerce's guide on CARES Act and PPP for Small Businesses.
Read the U.S. Chamber's guide to the Coronavirus Emergency Loans for Small Businesses.
Read Texas Hotel & Lodging Association's breakdown of the PPP.
How to Apply: these loans will be available through SBA-approved private lenders beginning 4/3/2020. See the following for details on what is needed, application and loan calculator.
There is also an employee retention tax credit available as part of the CARES Act. Read the U.S. Chamber's Guide for Impacted Businesses.
On 3/20/2020, Governor Abbott announced that the U.S. Small Business Administration (SBA) has now granted Texas’ Economic Injury Disaster Loan (EIDL) assistance declaration, making loans available statewide to small businesses and private, non-profit organizations to help alleviate economic injury caused by the Coronavirus (COVID-19).
Next Steps: Small businesses who believe they may be eligible for an SBA EIDL should visit the SBA’s website where they can directly apply for assistance. The online application is the fastest method to receive a decision about loan eligibility.
Read the U.S. Chamber's Guide to SBA's Economic Injury Disaster Loans.
On April 9, 2020, the Federal Reserve announced the creation of a Main Street Business Lending Program. The program will support small and mid-sized businesses that were in good financial standing before the public health crisis. This facility will ensure credit flows to small and mid-sized businesses that may not have been supported through the Paycheck Protection Program or the Fed’s other lending facilities.
Many of the grant opportunities that we previously shared have now closed and been removed from this list. If we learn of new grant opportunities, we will post them here.
Status of the stimulus bills:
Copyright 2019 © Terrell Texas Economic Development Corporation
Designed and Developed by EDsuite