Category Archives: Business Advice

Harlingen Loans Support Local Businesses

Small businesses in Harlingen can seek emergency loans through an EDC program to help during the COVID-19 crisis.

The rush to apply for and receive emergency federal funds during the COVID-19 crisis didn’t reach everyone. The result of the first come/first serve component of the Small Business Administration-affiliated loans is many American businesses left out of the funding loop. In Harlingen, city leaders and the economic development corporation are doing something about it. The EDC put aside $1 million in funding in establishing Harlingen’s Emergency Loan Program, HELP.…

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Alamo EDC Continues to Offer Popular Incentive

Alamo EDC Micro-Loan Program

During these rough times, the Alamo Economic Development Corporation continues to offer its programs to aid businesses in Alamo. One of the EDC’s most popular options is the Micro-Loan Program. The creation of the Micro-Loan Program came in order to help local business owners with storefront improvements, repairs and renovations. This program now utilizes a micro-loan as working capital to help alleviate operating costs that business owners have trouble covering.…

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TWC Cautions Jobseekers Regarding Scams

scams

The Texas Workforce Commission advises jobseekers that individuals misrepresenting businesses may attempt to secure sensitive, personal information through deceit. This fraud can take the form of a bogus job opportunity used as bait to solicit information. TWC reminds all jobseekers to practice caution when providing anyone with personally identifiable information. Dishonest individuals may use public sources, such as social media accounts, to find personal information such as phone numbers and email…

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Hidalgo Website Offers Recovery Assistance

HidalgoCares.org

Hidalgo County’s Hidalgo Cares website HidalgoCares.org is live to respond, recover and rebuild in the wake of the COVID-19 pandemic. The new community-based website provides recovery assistance information to businesses and individuals. It includes a guide to local restaurants, as well as utility assistance and housing information. There is also the latest information on economic recovery, and available resources for food, health, safety and education. Other helpful resources for bolstering…

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Survey on Reopening Economy Looks to Businesses

open sign

The McAllen Chamber of Commerce is collecting information from businesses regarding reopening the economy. The online survey is gauging what business owners and representatives of non-profit organizations in the region are willing to do in order to reopen business. The survey is primarily designed for small to medium-sized businesses. This includes franchise operations and local branches or stores of larger companies. Larger companies may still provide responses. Individual responses will…

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PPP Loan Applications Resume April 27

Paycheck Protection Program

The Small Business Administration will resume accepting Payroll Protection Program loan applications on April 27 at 11:30 a.m. CDT from approved lenders on behalf of any eligible borrower. The announcement comes today from administrator of the Small Business Administration Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin. According to the application announcement, “the PPP has supported more than 1.66 million small businesses and protected over 30 million jobs for…

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Local Webinar Addresses SBA Disaster Loans

The Edinburg Chamber of Commerce joins the SBA’s Lower Rio Grande Valley District Office to provide a webinar about the SBA Economic Injury Disaster Loan Program April 3 at 10 a.m. This webinar will address and inform small businesses with an interest in applying for the SBA’s Economic Injury Disaster Loan. The program covers vital economic support to small businesses to help overcome the temporary loss of revenue due to…

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Down But Not Out

To say we are all in limbo, nervous and confused about the coming weeks, months and years is an understatement. Most of the world and especially our world, the RGV, is operating in survival mode as we await possible spreading or containment of COVID-19. It has created an abundance of uncertainty for every man, woman and yes, even most children.  Normalcy was put on hiatus mid March and the future…

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SBA Disaster Loans Available in Texas

Small businesses throughout the entire state of Texas are now eligible to apply for the U.S. Small Business Administration’s Economic Injury Disaster Loans. “I’m encouraged by the collaboration between the Texas Governor’s Office and the SBA Disaster Team to rapidly make this recovery funding available to small businesses and nonprofits statewide,” said South Central Regional Administrator Justin Crossie. Small businesses are beginning to feel the impact from the spread of…

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