As COVID-19 emerges as a global concern, the Kilgore Area Chamber of Commerce is monitoring the situation and we want to provide you with accurate information, useful tools and resources that allow you to operate your business effectively. Facts Matter!
At the moment, there are two components to qualify for an SBA loan. First, counties in Texas must meet an economic impact threshold for businesses within those counties to become eligible for loans. Once a county is certified by SBA, then businesses within that county can become eligible for the loans. I’ve outlined the two steps Texas businesses in need should take below.
Open Texas Manual from Governor Abbott 4.27.2020
- Register with the Texas Division of Emergency Management (TDEM): The SBA has designated COVID-19 as a qualifying event for Economic Injury Disaster Loans (EIDL) for businesses and private non-profits in affected communities. Before a business can become eligible to receive funds, the county in which it resides must first meet an economic impact threshold. The Governor’s Office and TDEM are currently working with SBA to qualify counties for this declaration, and we expect it will happen soon. To help that process, Texans should register with TDEM here.
- Apply for an SBA loan: Once Texas counties are certified by the SBA (stemming from step #1 above), qualified businesses that have applied will be eligible to start receiving funds. You can apply for an SBA loan here. SBA’s factsheet on SBA Disaster Loan Assistance is below, and a step-by-step process for business owners in both English and Spanish is attached. For additional information, I encourage you to visit the SBA website.
Disaster Loan Assistance
Federal Disaster Loans for Businesses, Private Nonprofits, Homeowners, and Renters
Apply For A Disaster Loan
You can apply online for all types of SBA disaster assistance loans. The online application is the fastest method to receive a decision about your loan eligibility. You have the option of submitting a paper application by mail. For either application, you must submit the completed loan application and a signed and dated IRS Form 4506-T giving permission for the IRS to provide SBA your tax return information.
You may also apply in person at any Disaster Recovery Center and receive personal, one-on-one help from an SBA representative. For information or to find a location near you, please contact our Customer Service Center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail firstname.lastname@example.org.
The Three-Step Process: Disaster Loans
The Three-Step Process: Disaster Loans (en Espanol)
Required Information to Complete the Application
After a Presidential disaster declaration, you must first register with the Federal Emergency Management Agency (FEMA). To obtain a registration number, call FEMA at 1-800-621-3362 (TTY: 1-800-462-7585) or visit DisasterAssistance.gov.
The following information is required to complete the SBA online application:
- Contact information for all applicants
- Social security numbers for all applicants
- FEMA registration number
- Deed or lease information
- Insurance information
- Financial information (e.g. income, account balances and monthly expenses)
- Employer Identification Number (EIN) for business applicants
Alternative Funding Resources
U.S Department of Agriculture (USDA): Rural Development Guaranteed Loan Programs: Effective immediately until September 30, 2020, lenders may offer 180-day loan payment deferrals without prior agency approval for:
For additional information, visit Rural Development COVID-19 Response.
USDA offers a variety of funding opportunities to help farmers, ranchers, and forest landowners finance their businesses. There are also microloans available for small, beginning farmer, niche and non-traditional farm operations, such as truck farms, farms participating in direct marketing and sales such as farmers’ markets, CSA’s (Community Supported Agriculture), restaurants and grocery stores, or those using hydroponic, aquaponic, organic and vertical growing methods. Visit their website to learn about funding programs. https://www.farmers.gov/fund
Assisting businesses with managing and preventing lay-offs
Available statewide network of Workforce Solutions Offices
Continuation of job matching and training services
Ongoing communication with employers to provide information and updates about services and resources
- Supplement their employees’ wages lost because of reduced work hours with partial unemployment benefits
- Reduce normal weekly work hours for employees in an affected unit by at least 10 percent but not more than 40 percent; the reduction must affect at least 10 percent of the employees in that unit
Information for Job Seekers
|Area Code of Applicant||Suggested Call Time|
|Beginning with 9||Mon-Wed 8 AM – noon|
|Beginning with 3, 4, 5, 6||Mon-Wed 1 PM – 5 PM|
|Beginning with 7,8||Tues-Thurs, Sat 8 AM – noon|
|Beginning with 2||Tues-Thurs, Sat 1 PM – 5 PM|
For more information on COVID-19 and unemployment benefits, visit: https://www.twc.texas.gov/news/covid-19-resources-job-seekers.
Workforce Solutions East Texas: Contact career advisers at 1-844-ETWORKS (844-389-6757) for individual assistance or visit www.WorkInTexas.com. Workforce Solutions East Texas had created a free series of webinars to assist East Texans manage their time and maximize their skillsets while they are home or working reduced hours. These are free to attend you just need to register your attendance in advance. View the full list of webinars and register here.
Independent Contractor’s Guide to CARES Act Relief
Save Small Business Fund from the U.S. Chamber of Commerce Foundation goes active on 04.20.2020 at Noon. The Save Small Business Fund is a grantmaking initiative offering short-term relief for small employers in the United States and its territories.
A guide to helping small businesses navigate and recover from the COVID-19 crisis
Citizens Bank COVID-19 SBA Paycheck Protection Program
The Longview Chamber of Commerce has allowed the Kilgore and Tyler Chambers of Commerce to co-host a series of Webinars regarding the COVID-19 Crisis. Here is a link to their YouTube Channel in order for you to view the videos. And the link to their website calendar for future webinars you can sign up to attend for free.
Kilgore qualifies as a rural community for Texas Department of Agriculture assistance/loans and for USDA assistance and loans
Small Business Administration Economic Injury Disaster Loan Program
Facebook Small Business Grants Program
Louisiana SBA Video for Small Business Owners
Facebook for Office of the Governor Greg Abbott
Texas Department of State Health Services
Texas Department of Emergency Management
Texas Comptroller of Public Accounts
Centers for Disease Control & Prevention (CDC)
Environmental Protection Agency (EPA)
U.S. Chamber of Commerce Foundation COVID-19
City of Kilgore (updated 3.26.2020)
We have compiled a list of take-out menus for area restaurants.