The Governor's Office issued an updated Executive Order on May 18, outlining additional businesses that may reopen in a phased manner through May 31. Patrons and business owners must review and follow the detailed information in the Governor's Open Texas webpage to ensure we are able to phase in the opening of our economy in a safe manner.
The SBA Houston District Office will provide the latest information from SBA to help small businesses with their economic recovery from the effects of the Coronavirus via web meetings. Please sign up for direct alerts from the SBA Houston Office to learn about these opportunities in real time.
These SBA Resource Partners are also offering free and virtual advising sessions & webinars:
Texas Gulf Coast Small Business Development Centers (SBDC)
WBEA Women’s Business Center (WBC)
Chase Fulshear: (346) 307-8312 Chase Bank Payroll Protection Program Info.
First Financial Fulshear: (281) 346-0221 First Financial Payroll Protection Program Info.
New First National Fulshear: (832) 344-2036 Contact your business banker
Regions Fulshear: (346) 257-6140 Regions Bank Payroll Protection Program Info.
Wallis Bank Fulshear: (713) 935-3720 Wallis Bank Payroll Protection Program Info.
Governor Abbott announced April 13 that Goldman Sachs and the LiftFund, along with other community development financial institutions (CDFIs), are partnering to provide $50 million in loans to small businesses in Texas that have been affected by COVID-19 as part of the Goldman Sachs 10,000 Small Businesses program. These loans, made through the U.S. Small Business Administration’s (SBA) Paycheck Protection Program (PPP), will primarily be used for payroll so that employees can continue to receive paychecks and small businesses can retain their employees and will be partially or wholly forgiven.
Fort Bend County has advised that they will work with businesses during the recovery process to utilize resources from federal and state funding streams as quickly as possible. Click here to sign up for Fort Bend County’s business notifications.
The Texas Workforce Commission has information and programs available to both employers and employees to help mitigate job losses. Please visit the following for more information:
Employers - Preventing & Managing Layoffs - Shared Work
Employers - COVID-19 Resources
Worksource Solutions Unemployment Benefits Information - Workforce Solutions can show you how to file for Unemployment Insurance (UI), but it's the Texas Workforce Commission (TWC) in Austin that handles your claim or benefits. This page will show you how to contact TWC, to file a claim, to check status of a claim and your benefits, and more.
The Treasury Department and the Internal Revenue Service are providing special tax filing and payment relief to individuals and businesses in response to the COVID-19 Outbreak by extending the filing and payment deadline to July 15, 2020. This relief also includes estimated tax payments for tax year 2020 that are due on April 15, 2020. Full details here.
The Treasury Department, IRS and Department of Labor are implementing tax credits for small and mid-size businesses to swiftly recover the cost of providing Coronavirus-related leave.
Additional COVID-19 Grant Resources
You can stay up to date with other federal, local (Fort Bend County) and State (Texas) general business guidance by monitoring the following links:
Fort Bend County COVID-19 Response
Fort Bend County Health and Human Services
Greater Houston Partnership
Small Business Administration
Centers for Disease Control (CDC)
Texas Department of State Health Services