CCREDC and our community partners will continue to survey local businesses to help us track the impact of oil market disruption and Coronavirus. 


Covid-19 Business Impact Survey - March 30, 2020

Part 2 of COVID-19 Business Survey - April 13-17

Business Impact Survey 3 - June 1-4 

Business Impact Survey 4  September 



Texas Department of State Health Services 






Coronavirus Hotline: 361-826-7200




Chamber of Commerce Grant



City of corpus christi liftfund



Local State and Federal Small Business Resources
Small Business Resources - in Chinese

 Small Business Resources - in Spanish
Small Business Resources - in Vietnamese


The Del Mar Center for Economic Development 

has counselors available to work one on one with businesses to identify resources. To schedule an appointment: https://www.delmar.edu/sbdc/contacts.html 


Workforce Solutions of the Coastal Bend 

Coronavirus Information & Resources For Texas Employers  from the Office of the Commissioner Representing  Employers: Coronavirus Information and Resources


Texas Workforce Commission

 Employers wishing to streamline the unemployment claims for employees: https://twc.texas.gov/businesses/mass-claims-unemployment-benefits

 Texas Workforce Commission Shared Work Program provides Texas employers with an alternative to layoffs. TWC developed this voluntary program to help Texas employers and employees withstand a slowdown in business.

Shared Work allows employers to:

  • 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.  

More information here: https://www.twc.texas.gov/businesses/shared-work


Internal Revenue Service

Payroll exemptions, deferred payments- there's plenty of opportunities for mitigation offered by the IRS: https://www.irs.gov/coronavirus 

  • IR-2020-62, IRS: Employee Retention Credit available for many businesses financially impacted by COVID-19
  • IR 2020-61, Economic impact payments: What you need to know
  • IR-2020-59, IRS unveils new People First Initiative; COVID-19 effort temporarily adjusts, suspends key compliance program
  • IR-2020-58, Tax Day now July 15: Treasury, IRS extend filing deadline and federal tax payments regardless of amount
  • IR-2020-57, Treasury, IRS and Labor announce plan to implement Coronavirus-related paid leave for workers and tax credits for small and midsize businesses to swiftly recover the cost of providing Coronavirus-related leave
  • Treasury News Release: Treasury and IRS Issue Guidance on Deferring Tax Payments Due to COVID-19 Outbreak
  • IR-2020-54, IRS: High-deductible health plans can cover coronavirus costs

To research these regulations and find out how they affect your business:






 Small Business Administration

SBA’s Economic Injury Disaster Loans offer up to $2 million in assistance for a small business. These loans can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing.  Comprehensive guidance available here:   https://www.sba.gov/page/guidance-businesses-employers-plan-respond-coronavirus-disease-2019-covid-19

Process for Accessing SBA’s Coronavirus (COVID-19) Disaster Relief Lending

Apply here: 



If you currently have a SBA loan, you may be able to defer payments.  Talk to your lender for more details.

  • These loans may be used to pay fixed debts, payroll, accounts payable and other bills that can’t be paid because of the disaster’s impact. The interest rate is 3.75% for small businesses without credit available elsewhere; businesses with credit available elsewhere are not eligible. The interest rate for non-profits is 2.75%.
  • SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years. Terms are determined on a case-by-case basis, based upon each borrower’s ability to repay.
  • SBA’s Economic Injury Disaster Loans are just one piece of the expanded focus of the federal government’s coordinated response, and the SBA is strongly committed to providing the most effective and customer-focused response possible.

For additional information, please contact the SBA disaster assistance customer service center. Call 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov or visit www.sba.gov.

SBA Paycheck Protection Program

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.

Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.

Under this program:

  • Eligible recipients may qualify for a loan up to $10 million determined by 8 weeks of prior average payroll plus an additional 25% of that amount.
  • Loan payments will be deferred for six months.
  • If you maintain your workforce, SBA will forgive the portion of the loan proceeds that are used to cover the first 8 weeks of payroll and certain other expenses following loan origination.

Click here to learn more.

SBA Economic Injury Disaster Loans and Loan Advance

To apply for a COVID-19 Economic Injury Disaster Loan, click here.

In response to the Coronavirus (COVID-19) pandemic, small business owners in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000.

The SBA’s Economic Injury Disaster Loan program provides small businesses with working capital loans of up to $2 million that can provide vital economic support to small businesses to help overcome the temporary loss of revenue they are experiencing. The loan advance will provide economic relief to businesses that are currently experiencing a temporary loss of revenue. Funds will be made available within three days of a successful application, and this loan advance will not have to be repaid.

SBA Debt Relief

The SBA Debt Relief program will provide a reprieve to small businesses as they overcome the challenges created by this health crisis.

Under this program:

  • The SBA will also pay the principal and interest of new 7(a) loans issued prior to September 27, 2020.
  • The SBA will pay the principal and interest of current 7(a) loans for a period of six months.

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 with less paperwork. 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 Economic Injury Disaster Loan, they may qualify for an SBA Express Disaster Bridge Loan.


  • Up to $25,000
  • Fast turnaround
  • Will be repaid in full or in part by proceeds from the EIDL loan

Find an Express Bridge Loan Lender by connecting with your local SBA District Office.


The Federal Reserve established the Main Street Lending Program to support lending to small and medium-sized businesses that were in sound financial condition before the onset of the COVID-19 pandemic. The Program will operate through three facilities: the Main Street New Loan Facility (MSNLF), the Main Street Priority Loan Facility (MSPLF), and the Main Street Expanded Loan Facility (MSELF). FMI: https://www.federalreserve.gov/monetarypolicy/mainstreetlending.htm



How the CARES Act helps Texans:

  • Aids the health care industry responding to the pandemic:
    • Provides an additional $100 billion for hospitals
    • Provides $11 billion for vaccines, therapeutics, diagnostics, and other medical needs
    • Provides $1.5 billion in support for local, state, and federal public health agencies
    • Opens up telehealth access for home-based services, community health centers, and rural health centers and provides an additional $1.3 billion for community health centers to treat COVID-19 patients
  • Provides direct and immediate financial relief to Texans:
    • Allots $1,200 checks to each Texan making less than $75,000 annually ($2,400 for a couple making less than $150,000 annually), plus $500 per child
    • Allows Texans to access their retirement plans for coronavirus-related expenses without an early withdrawal penalty
    • Allows Texans to defer student loan payments for 6 months with no penalty or interest
    • Incentivizes charitable giving by temporarily increasing the amount Texans can deduct from their taxes for charitable contributions, and allows
  • Expands unemployment insurance (UI) for Texas workers:
    • Provides an extra $600 weekly federal UI benefit on top of the state maximum temporarily
    • Funds an additional 13 weeks of federally-funded unemployment eligibility for individuals after they’ve exhausted state UI benefits through the end of the year
    • Temporarily expands UI eligibility to include the self-employed, independent contractors, those with limited work history, railroad workers, and those who worked at non-profit entities
    • Offers relief for Texas businesses:
      • Provides $500 billion in secured loans to affected businesses and establishes an Inspector General and Oversight Board to provide accountability for the loan program
      • Provides $350 billion for SBA interruption loans
      • Provides bankruptcy relief for Texas small businesses by raising the maximum debt threshold for eligibility, so that more small- and medium-sized businesses can get through bankruptcy faster and more easily
      • Delays the employer payroll tax
      • Increases the amount of deductible business interest allowed
      • Offers a Temporary Employer Retention Credit for certain businesses
      • Temporarily freezes the Employer Student Loan Repayment
      • Allows SBA loan forgiveness for mortgage payments, payroll, and utility payments
      • Suspends aviation excise taxes through 2020; provides $32 billion in payroll assistance grants for airlines like those based in Texas and supporting industries









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