Business Recovery & Resiliency
Kerrville Together is your central location for business resources and support services related to COVID-19. These resources are made available by a collaborative effort between local, regional, state and federal partners. Throughout these unexpected times Kerrville Together will continue to be your place for information on Business Recovery and Resiliency.
Department of the Treasury’s OIG released reporting requirements for CRF recipients
Department of the Treasury’s OIG released reporting requirements for CRF recipients: On July 2, Department of the Treasury’s Office of Inspector General (OIG) released a memorandum with instructions for recipients of the CARES Act’s Coronavirus Relief Fund (CRF). The OIG memorandum provides instructions for CRF recipients for record keeping and reporting. As stated in the CARES Act, Treasury’s OIG is responsible for monitoring and oversight of the CRF payments. Please note that the first quarterly report is due on July 17. For questions on the memorandum or for help with the reporting requirements please contact Treasury OIG at [email protected]
SBA Economic Injury Disaster Loan
In response to the Coronavirus (COVID-19) pandemic, small business owners, including agricultural businesses, and nonprofit organizations in all U.S. states, Washington D.C., and territories can apply for an Economic Injury Disaster Loan. The EIDL program is designed to provide economic relief to businesses that are currently experiencing a temporary loss of revenue due to coronavirus (COVID-19).
SBA is currently accepting new Economic Injury Disaster Loan (EIDL) applications from all qualified small businesses, including agricultural businesses, and private nonprofit organizations. If you have already applied via the streamlined application portal, please do not resubmit your application.
To meet financial obligations and operating expenses that could have been met had the disaster not occurred
3.75% for businesses (fixed)
2.75% for nonprofits (fixed)
30 years No pre-payment penalty or fees
Use of Proceeds:
Working capital & normal operating expenses Example: continuation of health care benefits, rent, utilities, fixed debt payments.
Required for loans over $25,000
SBA uses a general security agreement (UCC) designating business assets as collateral, e.g. machinery and equipment, furniture and fixtures, etc.
NO – EIDL Loan
YES – EIDL Advance*
*Advance funds have been fully allocated and are not currently available
Deferred 1 year; interest still accrues Borrower may make payments if they choose to do so.
Set up online payments through Pay.gov OR mail payments to:
U.S. Small Business Administration
721 19th Street Denver, CO 80202
Be sure to include EIDL loan number on mailed-in checks.
Main Street Lending Program
The Main Street Lending Program was established by the Federal Reserve System to support lending to small- and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic. The loan terms are up to $25 million at 5%, over 4 years, with payments deferred for the first year. Businesses can apply through eligible lenders, which include U.S. banks, savings and loans and credit unions, U.S. branches or agencies of foreign banks and any U.S. subsidiary of a foreign bank. The Federal Reserve is currently working to create the infrastructure necessary to operationalize the Program. Businesses should stay in touch with their bank for details on when the program is likely to open and continue to check the Federal Reserve’s Main Street Lending Program webpage and program FAQs.
LiftFund is ready to assist you during this time. We have special public and private partnerships to assist small business across our footprint. Please note that there is limited funding for the special programs, but we are offering a LiftFund COVID-19 loan to assist small businesses during this time.
UTSA Small Business Development Center - Business Recovery Accelerator
The University of Texas at San Antonio has launched a new initiative aimed at helping small businesses.
The university created a new program called, “The COVID-19 Business Recovery Accelerator.” The goal of the program is to help businesses going through hardships during the pandemic.
Businesses will receive counseling and resources to pursue loans from the financial industry.
Businesses in the Kerr County area are provided assistance through the UTSA SBDC.
The Hill Country Strong Fund
The Hill Country Strong Fund supports organizations helping individuals and communities economically affected by the coronavirus. Grants will be made to service clubs, relief organizations, religious institutions, social service nonprofits, community groups, healthcare providers, and other charities in the Hill Country that are meeting local needs related to the COVID-19 pandemic. The Fund currently makes grants proactively and does not accept applications at this time. An application is forthcoming. A community-led advisory committee is in formation. All grants are ultimately approved by the Community Foundation’s Board of Trustees.
Professional Beauty Association - COVID Relief Fund
With generous support from our industry partners, the Professional Beauty Association (PBA) and PBA Charities have created a new fund to help our industry during this unprecedented crisis. The PBA COVID-19 Relief Fund will provide $500 to licensed beauty professionals who are unable to work due to COVID-19. The funding, if awarded to you, is intended to be emergency aid for short-term immediate needs such as food and bills.
The Restaurant Employee Relief Fund
The Restaurant Employee Relief Fund (“Fund”) was created to help restaurant industry employees experiencing extraordinary hardship in the wake of the coronavirus disease (COVID-19) outbreak. Through this Fund, grants will be made to restaurant industry employees who have been impacted by COVID-19, including a decrease in wages or loss of employment. Grants will be awarded as soon as possible to those individuals who meet the prescribed eligibility criteria, as reviewed and verified by the National Restaurant Association Educational Foundation (NRAEF). This Fund is operated by the NRAEF, whose mission is to attract, empower and advance today’s and tomorrow’s restaurant and foodservice workers.
Another Round Another Rally
Hospitality workers are facing unprecedented hardships, but Another Round Another Rally is here to help. If you are a chef, server, bartender, dishwasher, sommelier, manager or someone who holds any other type of hospitality role, we’re here to lend a hand. They are offering $500 relief grants for hospitality workers who lost their jobs or had their hours slashed in the wake of the COVID-19 outbreak. They're also collecting donations from community members willing to help their hospitality-industry friends and neighbors stay afloat in this time of uncertainty. To apply for a grant or make a donation, use the "read more" link below.
USBG National Charity Foundation
(Bartender and Service Industry Emergency Assistance Program) Advancing the lifelong stability and wellbeing of service industry professionals through education & charitable activities. Those industry workers affected by COVID-19 or those wishing to donate to this industry can visit their website.
Children of Restaurant Employees
CORE is dedicated to serving food and beverage service employees with children, who are faced with life-altering circumstances and in need of our help. As the world faces the biggest pandemic in our lifetime, we want to continue to honor our mission by providing support to food and beverage service employees, with children, who have been medically diagnosed with COVID-19. You may also be eligible if a family member is diagnosed. Documentation is required.
SBA Express Bridge Loans
Express Bridge Loan Pilot Program allows small businesses who currently have a business relationship with an SBA Express Lender to access up to $25,000 quickly. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing and can be a term loans or used to bridge the gap while applying for a direct SBA Economic Injury Disaster loan. If a small business has an urgent need for cash while waiting for decision and disbursement on an Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan. Terms Up to $25,000 Fast turnaround
SBA Debt Relief
As part of our coronavirus debt relief efforts, the SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Microloans in regular servicing status as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020. This relief is not available for Paycheck Protection Program loans or Economic Injury Disaster loans. Borrowers do not need to apply for this assistance. It will be automatically provided as follows:
For loans not on deferment, SBA will begin making payments with the next payment due on the loan and will make six monthly payments.
For loans currently on deferment, SBA will begin making payments with the next payment due after the deferment period has ended, and will make six monthly payments.
For loans made after March 27, 2020 and fully disbursed prior to September 27, 2020, SBA will begin making payments with the first payment due on the loan and will make six monthly payments.
SBA has notified 7(a), 504 and Microloan Lenders that it will pay these borrower loan payments. Lenders have been instructed to refrain from collecting loan payments from borrowers. If a borrower's payment was collected after March 27, 2020, lenders were instructed to inform the borrower that they have the option of having the loan payment returned by the lender or applying the loan payment to further reduce the loan balance after SBA's payment.
Borrowers should contact their lender if they have any questions regarding this payment relief.
Verizon Small Business Recovery Fund
Thanks to support from a variety of funders, LISC’s Small Business Relief Grant program has provided over 3,000 entrepreneurs with grants totaling over $48 million during the Covid-19 pandemic to help them stay in business and continue to contribute to their local economies.
Rural Relief Small Business Grants - if you are small business located specifically in a rural community, a grant application will open on Monday, September 28th.
BCL of Texas
At BCL of Texas, the physical and financial health of our community has always been our biggest priority. As we weather the coronavirus pandemic, we know both individuals and businesses are seeing economic impacts across our state. We’re here to let you know that we’re here, we’re working for you, and we’re ready to support you. También podemos ayudarle en español.
PeopleFund is a preferred SBA lender and can assist you finding the right help, whereas from the SBA or one of our programs. Please know that all SBA disaster relief loan applications are being processed directly by the SBA and have to be submitted directly though their website as explained below. PeopleFund is only offering PPP loans to existing clients at this time. Many banks are electing to assist their clients first. We recommend contacting your home banking institution.
Texas Work Force Commission
Information for COVID-19 Jobseekers, Employers, and Child Care needs. In an effort to ease backlog the TWC is asking Texans to use their area code to find their call and access times to file unemployment claims.
Area Code beginning with 9: Mon, Wed, & Frid from 8 am to noon
Area Code beginning with 3,4,5,&6: Mon, Wed, & Frid from 1pm to 5 pm
Area Code beginning with 7 & 8: Tues, Thurs, & Sat from 8 am to noon
Area Code beginning with 2: Tues, Thurs, & Sat from 1pm to 5 pm
Alamo Workforce Solutions Recurring Webinar - Employment Orientation
Alamo Workforce Solutions Zoom Orientation Schedule for new employment or training opportunities. Orientation Covers: services available including general services such as computer usage, resume paper, resume help, etc. Training topics discussed: training opportunities for eligible customers (these include assistance with tuition/training costs for in-demand occupations (like LVN or Dental Assistant) as well as support services (such as gas, rental assistance) while attending those trainings.
3pm-4pm Tuesday - Friday
Kerrville CVB - From Kerrville, With Love
We here at the Kerrville Convention and Visitors Bureau love Kerrville and the Kerrville area, and we know our local businesses do too. That shared passion and care for this community is what inspired the From Kerrville, With Love project. We want to highlight the businesses and shop owners that are not only our neighbors but that are working hard to provide food, goods, and services as we all collectively weather these unprecedented times. So tell us your stories! Send you us your photos that shows the human side of your business, and most importantly tell us why you love this piece of the Hill Country we all call home.
The Kerrville Daily Times to celebrate and encourage neighborliness in our community. We are celebrating kindness, empathy, and community involvement. Drawing upon the example of the late Fred Rogers, the famed children’s television host, the newspaper is embarking on a campaign called Kerrville Kindness, which aims to highlight acts of neighborliness and kindness in our communities. We encourage readers to tell us about the good neighbors in our community and those you admire for their ability to bring people together. We encourage residents to get involved by emailing us examples of unique kindness they have been shown. Email us at [email protected]
West Kerr Chamber of Commerce
We are monitoring the news and information being shared from our county, state and federal government regarding COVID-19 and have created this page to keep you informed about resources available in your place of business and your employment status. We cannot emphasize enough to prepare, not panic and use the information below to help guide you throughout this time.
National Retail Federation
The health and safety of customers and workers is retailers’ top priority. NRF is closely monitoring the situation around the COVID-19 pandemic, coordinating with government agencies, health experts and retailers as the situation continues to evolve. NRF is addressing the supply chain implications as well as developments related to the spread of the virus globally and domestically.
National Federation of Independent Business
As small businesses across the country are grappling with the current and potential impacts associated with COVID-19, NFIB is continuing to track the latest developments from healthcare officials, congress and the administration. We know small business owners are acting now to take necessary precautions, but also need to understand how actions taken by policymakers today affect business operations down the road.
National Restaurant Association
The restaurant industry is home to more than 15 million trained and skilled employees in restaurants across the country serving the public every day. The restaurant industry is open and the tables at America’s 1+ million restaurant and foodservice locations are always a great place to gather with friends and family. To ensure that restaurants have the latest information about coronavirus, we created this industry-specific guidance for owners and operators. The industry works day in and day out at food safety. You can find out more about ongoing ServSafe training and certification programs here.
U.S. Chamber of Commerce
The U.S. Chamber is working closely with the White House, U.S. government agencies, and foreign government officials to inform and equip businesses with the most important and up-to-date information to prevent the spread of the virus and prepare businesses for the near and long-term impact.
Texas Comptrollers Office
This page offers tools for taxpayers, local governments and those who do business with our agency. We will update these pages regularly as the emergency situation continues to evolve. Please check back often, and remember that we’re here to help businesses and taxpayers through these difficult times. Resources for taxpayers and small business assistance includes information on tax filing relief and postponements of tax payment plans. Local government stimulus assistance contains the latest information on stimulus funding to be made available to local governments under the recent federal CARES Act. The agency response and changes to business operations button below contains news on how we have adapted and altered various agency functions during the COVID-19 crisis, including audit, treasury operations, warrant distribution, property tax assistance and more.
Texas Department of Insurance
Industry and business FAQ: We’ve compiled responses to some of the most common questions from the insurance industry and businesses.
Business interruption insurance: Coverage for losses due to epidemics and pandemics vary.
Agents and adjusters: Frequently asked questions about licensing issues.
Workers’ compensation: Our Division of Workers’ Compensation has posted resources for employers, employees, and health-care providers.
Claim submissions: Providers and insurers that notified TDI they are unable to meet claim submission deadlines due to COVID-19.