Goldman Sachs and LiftFund partner to provide $50 million in loans to small businesses in Texas

 

Austin, Texas - Governor Greg Abbott announced today that Goldman Sachs and the LiftFund, along with other community development financial institutions (CDFI’s), will partner to provide $50 million in loans to small businesses in Texas who have been affected by COVID-19. Applications are live now.

These loans will be made through the Small Business Administration’s (SBA) Paycheck Protection Program. If all stipulations are met, then small businesses can have their loans fully forgiven by the SBA.

For more information and to apply, visit the LiftFund’s website.

 

About the Greater Austin Hispanic Chamber of Commerce (GAHCC):

Established in 1973, the GAHCCis a 501(c)6 nonprofit organization whose primary goal is to continue the advancement and progression of a strong and stable economic culture for Hispanic Businesses. Our Board and Members represent diverse industries from corporations, small businesses, nonprofits, to governmental agencies that touch all corners of the Greater Austin area. The mission of the GAHCC is to be the leading resource and advocate for the Hispanic business community.

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