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COVID-19 Guidance and Support for Businesses

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We are here for you, and want to do all we can to support our local Fulshear businesses during this unprecedented time. We understand that there is a ton of information to comb through, and a lot of decisions to be made in what seems like a very short timeframe. If we can be of assistance in any way at all, please don't hesitate to contact us at (281) 346-8874 or ecodev@fulsheartexas.gov, and we will be happy to help you determine the appropriate next steps and connect you with the right people to help get you there. 

Financial tools and resources are available to help small businesses weather the storm. The U.S. Small Business Administration (SBA) has compiled a resource page to help guide and assist businesses during this tumultuous time of disruption.

The SBA's resources include links to the Economic Injury Disaster Loan Program among other useful resources. The SBA has designated COVID-19 as a qualifying event for the provision of Economic Injury Disaster Loans (EIDL) for businesses and private non-profits in affected communities. UPDATE - Friday, March 20 @ 3:30 p.m.: EIDLs now available for Texas!

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 multiple webinars. They will give information on how to apply and where you can get additional help with preparing and applying for an SBA Economic Injury Disaster Loan. Please visit this page for full details including web/phone access information. Please visit this page for full details including web/phone access information. If you are unable to join in one of the sessions, the presentation has been posted here. It contains a lot of valuable information.

Aside from their Bridge and Disaster Loan programs, the SBA offers a Lender Match program. Fulshear is fortunate to have several local banking institutions that provide commercial lending and banking services, many of which also provide SBA products, including:

Bancorp South           Fulshear: (281) 944-5686
Chase                          Fulshear: (346) 307-8312
First Financial            Fulshear: (281) 346-0221
New First National     Fulshear:  (832) 344-2036
Regions                      Fulshear: (346) 257-6140
Wallis                          Fulshear: (713) 935-3720

Forbes has compiled a list of banks offering relief to customers affected by COVID-19. This list is being updated.

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
Job Seekers

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 endtending 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.

Facebook has created a business resource hub, and is also providing small business grants.

 
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