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COVID-19 ANNOUNCEMENT

At the present time, GEDP leadership continues to actively monitor and evaluate contingencies necessary for the impacts of the COVID-19 pandemic on our business community.

GEDP offices are open and staff maintains availability to be of service to you.

At this stage, GEDP will not be holding any in-person task force meetings or speical events through the end of April.

But rest assured, we will continue to work for our community!

   GEDP COVID-19 Resources

COVID-19 Business Recovery Loan Program

Local Banks helping Local Businesses. 

Once again, our local banks - Hometown Bank, Moody Bank and Texas First Bank have activated their Business Recovery Loan Program that was initially put together after Hurricane Ike. The current program will provide for a short-term (180 day) low interest (fixed rate – 3.25% APR) single-pay note. The APR (Annual Percentage Rate) will be offered for a limited time (through June 30, 2020) and is intended to provide gap financing for businesses awaiting insurance, SBA or other funding in their long-term recovery.

For details on the program, please click on the following link:

COVID-19 Business Recovery Loan Program - Handout


 

Small Business Administration (SBA) has several tools and resources available through their websites:

www.sba.gov/disaster

www.sba.gov/coronavirus

 


As additional business resources become available, we will be adding them to our webpage.

In the meantime, please feel free to download and review the GEDP's

BUSINESS CONTINUITY & DISASTER PREPAREDNESS TOOLKIT

  Business Continuity Toolkit

 

 

ADDITIONAL COVID-19 INFORMATIONAL RESOURCES 

Local Resources:  

UTMB Health has developed this website as a resource dedicated to sharing information about Coronavirus Disease 2019 (COVID-19). The site contains guidance for members of the communities served and employed by UTMB, including patients, students, our healthcare workforce and other employees.

It also links to external sources for the latest information on this new disease threat: www.utmb.edu/covi-19

National Resources: 

Center for Disease Control & Prevention (CDC): www.cdc.gov/coronavirus/2019-ncov/