0 News
0 Properties
0 Page
Add information from throughout the site by clicking the "Add" link.
Click "View Custom Report" to view your customized report. Email, print or create a PDF.
0 News
0 Properties
0 Page

COVID-19 Resources

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.

Take the COVID-19 Business Impact Survey. This is a very important step on behalf of the Terrell Chamber of Commerce to understand how to represent business needs with local, state, and federal officials today and over the next few weeks. 

State, County & Local Latest Actions

Texas Governor, Greg Abbott, extends social distancing measures through April 30; closes schools until May 4.

Kaufman County Issues Shelter In Place Order, effective 11:59 p.m. on Wednesday, 3/25/2020 through 11:59 p.m. on Wednesday, 4/8/2020.

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. 

Funding and Loan Assistance

Grant Opportunity

There is an immediate grant opportunity available for small businesses from Thryv Foundation. They will award qualifying applicants between $2,500 - $15,000. Learn more and apply.

CARES Act & Paycheck Protection Program (PPP)

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 on CARES Act and PPP 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.

PPP Application Package

PPP Application Form

PPP Calculator

SBA Texas' Economic Injury Disaster (EIDL) Loan Application 

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.

The SBA Houston District Office will host daily webinars between March 30 - April 3 to provide the latest information to help small businesses with their economic recovery from the effects of the Coronavirus. They will give information on how to apply and where you can get additional help with preparing and applying for SBA Economic Injury Disaster Loan. Sessions will allow for chat Q&A. Learn more and register for a webinar.

  • Our banking and financial advisor members are ready to help business owners understand SBA funding and loan options.
  • The Consumer Financial Protection Bureau has information on how to protect yourself financially from the impact of Coronavirus
  • SBA Lender Match: Connects Small Business with Participating SBA-approved Lenders
  • AssistHer Emergency Relief Grant: This grant is for woman-owned businesses and was created to help sustain your business while you are under economic hardship due to COVID-19. The funds can be used for technology upgrades or other items needed to change or adapt your business model. Operating expenses (excluding payment of sales tax, payroll, purchase of food for consumption, penalties and fees, and charitable donations).

Legislation 

Social Media Groups

Partner Agencies

Employee/HR References

REFERENCES:

U.S. Chamber of Commerce
SCORE
  • SCORE has chapters throughout Texas and provides in-person and virtual counseling and mentorship. They have also published resources and information to support small business, including: 

PRINT AND POST:

Education

Other

Communities & Individuals

Communities

 

Families/Individuals

 

 

COVID-19 INFORMATION: We are here for our businesses! Find some helpful resources here. Go To Info