Governor Abbott Announces LiftFund $7 Million Microloan Program for Harvey Impacted Small Businesses  

March 20th, 2018

by: Rep. White, James

03/23/2018

(Austin, TX) – Governor Greg Abbott along with Goldman Sachs, LiftFund, and the Rebuild Texas Fund announced a $7 million microloan program for small businesses affected by Hurricane Harvey.

The Texas Small Business Rebuild Initiative will provide up to $25,000 loans at a zero percent interest rate for 48 months to small businesses working to recover and rebuild inn the aftermath of Harvey. Small business owners in the Texas Gulf Coast who need assistance can visit www.liftfund.com/hurricane-relief-resources to learn more about the Texas Small Business Rebuild Initiative and apply for a loan. Or, impacted business owners can call LiftFund at (888) 215-2373 or inquire by email at harveyrelief@liftfund.com.

“I am thankful to the governor and LiftFund for partnering and making this loan a possibility for the people affected by the disaster. Many of our businesses in Southeast Texas are in jeopardy of closing their doors and these loans may help in their recovery. I encourage small businesses in House District 19 to consider this opportunity and continue to be the driving force of our economic prosperity.” said State Representative James White.

Please do not hesitate to contact either Saul Mendoza, Chief of Staff, or Shawn Dunn, District Director, with questions regarding this release at 512-463-0490 or 409-283-3700.