Tag Archives: Raudel Garza

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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Containing COVID Is Key To Economic Recovery

Restaurants and retailing have been hurt badly by COVID-19 outbreak and business shutdowns. (VBR)

The Rio Grande Valley’s economic recovery from the COVID-19 crisis will be prolonged. It could take 12-to-18 months, at the minimum, said leading bankers and economic development specialists. They say the recovery from the widespread business shutdowns this spring will stretch well into 2021. Recovery will also be dependent on one key factor. “It’s all going to depend on how we contain COVID,” said David Deanda, the president of Lone…

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Harlingen Moves Forward Aiding Business

Harlingen Economic Loan Program

The Harlingen Economic Loan Program for Small Business committee convened May 13 to review and consider more than 60 loan application submissions. Applications come from businesses experiencing a more than 25 percent economic loss during the current crisis versus last year’s revenue. The committee also evaluated the required documentation, including financial information, in order to make a fair decision. In April the Harlingen EDC board set aside $1,000,000 to fund…

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Harlingen EDC Supports Moving Business

TPPS New Investment Incentive

Texas Plating & Polishing Solutions recently received a $25,000 New Investment Incentive from the Harlingen EDC. The funds will help cover moving costs to TPPS’s new facility in the Harlingen Industrial Park. TPPS provides chrome, polish and nickel for the plastic injection mold industry. The company services customers both in the United States and in Mexico. It creates molds for automotive, appliance and medical companies. Owner and President Jose J.…

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EDC Sells Interest in TSTC University Center

The Harlingen Economic Development Corporation has sold its interest in the University Center building on the Texas State Technical College for $4.4 million. The 38,000-square-foot building first opened its doors in August 2011. Since then, Harlingen residents and the region the opportunity have had opportunities to attend major universities without leaving the area. Currently the center partners with four universities: University of Texas Rio Grande Valley, Texas A&M University-Kingsville, Texas A&M…

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Local Jobs Coming With Plastic Manufacturer

Poly SACHI Polymers

Manufacturing company Poly SACHI Polymers LLC will soon be relocating its operations from Taylor, Texas, to Harlingen. The announcement came with an agreement on May 17. The company will occupy the 35,000-square-foot building at 1314 Industrial Way by summer’s end. The building is one of the few remaining vacant industrial buildings in Harlingen. This $1 million investment will also create 20 new jobs. Poly SACHI Polymers is the parent company…

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