GOVERNOR'S REPORT TO OPEN TEXAS
Texas Governor Greg Abbott issued three executive orders on April 27 to reopen additional businesses and expand travel options. He also shared a more complete Open Texas Report.
Gov. Abbott issued three executive orders on April 17 closing schools through the remainder of the current school year, and taking his first steps to lift restrictions on closed businesses.
EO - Reopening Select Services / EO - Relating to Hospital Capacity / EO - Strike Force
Here are some links and helpful resources for businesses during the COVID-19 crisis:
Seguin Chamber of Commerce
The Seguin Chamber of Commerce understands our community is undergoing unprecedented levels of disruption resulting from restrictions in place to mitigate COVID-19. As the situation continues to evolve, the chamber team is monitoring the pandemic and its impact on local businesses. If you own a business, please take the Chamber’s COVID-19 impact survey.
Follow this link to the Chamber's Website, where we have listed online resources and member updates and are maintaining a list of restaurants and retailers who have shifted their focus to curbside and delivery options. The Seguin Chamber is dedicated to supporting our business community during this uncertain time.
Seguin Economic Development Corporation
The Seguin Economic Development Corporation has a wealth of information and resources to assist businesses during the COVID-19 crisis, including Business and Workforce Resources, Remote Working Tools, Webinars and a list of businesses with takeout and curbside services. Visit https://www.seguinedc.com/coronavirus-updates
Seguin Downtown Business Alliance
Governor Abbott's Executive Order issued April 17, 2020 allows all Texas retail stores to operate using a to-go retail business model starting on April 24. Here is the guide from the Texas Department of State Health Services outlining the guidelines that retail stores are to follow under the newest Covid19 changes: https://bit.ly/2z7CUmh
Check if Your Business is Essential
As a result of the latest State Executive Order (GA-14) to reduce the spread of the Coronavirus many businesses in the City of Denton must temporarily close. See what businesses can operate.
Many businesses are seeking part time or temporary workers to assist with the COVID-19 response. TWC manages a comprehensive job board called Work In Texas. Job Seekers can view available jobs at WorkInTexas.com
State of Texas Comptroller of Public Accounts
The State Comptroller’s Office is offering assistance and short-term payment arrangements for tax payers. Please contact the Enforcement Hotline at (800) 252-8880 for assistance. For updates regarding the payment or remittance of taxes paid to the State Comptroller, visit the Comptroller’s COVID-19 emergency response webpage.
Texas Alcoholic Beverage Commission
Governor Abbott has issued a waiver to allow delivery and takeout of alcoholic beverages. The Texas Alcoholic Beverage Commission has issued guidance to for how to implement this waiver for businesses at tabc.state.tx.us/coronavirus.
Small Business Webinar Series
The Office of Governor Greg Abbott is launching a Small Business Webinar Series that will provide Texas small business owners and entrepreneurs with timely, relevant, actionable information on the COVID-19 recovery resources such as Paycheck Protection Program, EIDL Loan Advance, SBA Express Bridge Loans, and SBA Debt Relief. Businesses will also get the chance to connect with local experts and support systems. Featured speakers will include the U.S. Small Business Administration and area Small Business Development Centers.
Click HERE for more information about the small business webinar series.
Texas Restaurant Association Relief Fund
To respond to this immediate financial need, the Texas Restaurant Association established the TX RESTAURANT RELIEF FUND through the Texas Restaurant Association Education Foundation, which is a 501(c)3 non-profit focused on the education and development of Texas’ restaurant industry workforce. Learn more about the Texas Restaurant Association Relief Fund
Restaurant Employee 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. https://rerf.us/
For more than 21 years, LiftFund, a 501(c)(3) nonprofit organization, has helped individuals achieve the American Dream by providing small business lending to those who do not have access to capital from typical lenders, such as traditional banks. Along with vital small business loans, LiftFund provides educational services at no cost to borrowers, which are essential to foster self-sufficiency. LiftFund
PeopleFund provides small business loans as well as business assistance and education to people with otherwise limited access to such resources. Since being founded in east Austin in 1994 as Austin Community Development Corporation, PeopleFund’s financial and educational assistance has helped create thousands of jobs and empowered an even greater number of Texans on a path to financial stability and independence. PeopleFund is a Community Development Financial Institution (CDFI) and operates as a non-profit 501(c)(3) serving all of Texas. People Fund
To help businesses through the economic impacts of the COVID-19 pandemic, the Thryv Foundation will provide grants through its 2020 Small Business COVID-19 Program. Small- and medium-sized businesses can apply online today at Thryv
Texas Downtown Association
Texas Downtown Association is committed to supporting downtowns and small businesses that support our communities. Information on their website includes:
- Funding Links
- Resources for Small Businesses
- Ideas from Other Communities
- Federal Agencies
- Texas State Agencies & Organizations
View the Texas Downtown Association's COVID-19 Information web page or contact Catherine Sak at 512-472-7832 for more information.
CenterPoint Energy Foundation
Through its foundation, CenterPoint Energy will contribute $1.5 million to nonprofit organizations, agencies and causes that are committed to supporting those who have been disproportionately impacted by COVID-19. CenterPoint Energy's COVID-19 Relief Fund will include $1 million in direct contributions, as well as up to $500,000 in matching gifts for employees' contributions to qualifying 501(c)3 organizations. - See more at: https://www.centerpointenergy.com/en-us/corporate/about-us/news/1332#sthash.oNPhlN7C.dpuf
Qualifying nonprofit organizations in CenterPoint Energy's utility footprint of Arkansas, Indiana, Louisiana, Minnesota, Mississippi, Ohio, Oklahoma, and Texas will be eligible to receive grants. Organizations that are interested in applying for a CenterPoint Energy COVID-19 Relief Fund grant should visit www.centerpointenergy.com/cnpgives. - See more at: https://www.centerpointenergy.com/en-us/corporate/about-us/news/1332#sthash.oNPhlN7C.dpuf
FEDERAL PROGRAMS & RESOURCES
Coronavirus Aid, Relief & Economic Security (CARES) Act
The CARES Act includes many programs and resources for small businesses and individuals who qualify for unemployment. Read a summary of the CARES Act and available programs here.
Paycheck Protection Program
The Paycheck Protection Program offers loans for the following types of businesses experiencing revenue disruption as a result of COVID-19:
- Small businesses with fewer than 500 employees.
- Select types of businesses with fewer than 1,500 employees.
- 501(c)(3) non-profits with fewer than 500 workers.
- Some 501(c)(19) veteran organizations.
- Self-employed workers, sole proprietors, and freelance or gig economy workers.
Businesses, even without a personal guarantee or collateral, can apply one of these loans as long as they were operational on February 15, 2020, and had paid employees at that time (even if the owner is the only employee). On a final note, the SBA’s 500-employee threshold includes all types of employees: full-time, part-time, and any other status.
Allocated funds for the program will be distributed on a first-come, first-served basis, so be sure to apply as soon as you are able. Learn more about the Paycheck Protection Program
Economic Injury Disaster Loan
The Economic Injury Disaster Loan Program (EIDL) can provide up to $2 million of financial assistance (actual loan amounts are based on amount of economic injury) to small businesses or private, non-profit organizations that suffer substantial economic injury as a result of the declared disaster, regardless of whether the applicant sustained physical damage. https://www.benefits.gov/benefit/1504
Small Business Debt Relief
The Small Business Debt Relief Program provides immediate relief to small businesses with non-disaster SBA loans, in particular 7(a), 504, and microloans. Under it, SBA will cover all loan payments on these SBA loans, including principal, interest, and fees, for six months. This relief will also be available to new borrowers who take out loans within six months of the President signing the bill into law. If you have an existing SBA loan, you should contact your lender directly to discuss this program.
View the FAQs for this program HERE.
To learn more about how to apply, visit the SBA COVID 19 Resource page HERE.
Small Business Tax Assistance
Businesses may eligible for a refundable payroll tax credit for 50 percent of wages paid by eligible employers to certain employees during the COVID-19 crisis. The credit is available to employers, including non-profits, whose operations have been fully or partially suspended as a result of a government order limiting commerce, travel or group meetings. The credit is also provided to employers who have experienced a greater than 50 percent reduction in quarterly receipts, measured on a year-over-year basis. Wages of employees who are furloughed or face reduced hours as a result of their employer’s closure or economic hardship are eligible for the credit. For employers with 100 or fewer full-time employees, all employee wages are eligible, regardless of whether an employee is furloughed. The credit is provided for wages and compensation, including health benefits, and is provided for the first $10,000 in wages and compensation paid by the employer to an eligible employee. Wages do not include those taken into account for purposes of the payroll credits for required paid sick leave or required paid family leave, nor for wages taken into account for the employer credit for paid family and medical leave (IRC sec. 45S). Businesses should consult with their accountants or tax attorneys on how to implement this program.
**The credit is not available to employers receiving assistance through the Paycheck Protection Program. The credit is provided through December 31, 2020.**
For additional information and FAQs, CLICK HERE.
U.S. Department of Treasury and Internal Revenue Service
The Department of Treasury and IRS are providing updates regarding changes, legislation, or regulations that may impact individuals and businesses. Businesses are encouraged to visit irs.gov/coronavirus or home.treasury.gov/coronavirus for the latest information.
U.S. Department of Labor
The U.S. Department of Labor has provided guidance on COVID-19 and how to prepare your workplace. The Wage and Hour Division is providing information on common issues employers and workers face when responding to COVID-19, including the effects on wages and hours worked under the Fair Labor Standards Act, and job-protected leave under the Family and Medical Leave Act. Visit dol.gov/coronavirus to learn more.
OTHER BUSINESS RESOURCES
Facebook Small Business Grants Program
Facebook is offering $100M in cash grants and ad credits for up to 30,000 eligible small businesses in over 30 countries where we operate. We’ll share more details as they become available. Learn more about the Facebook Small Business Grant Program
U.S. Chamber’s COVID-19 resources for businesses