Business Resource Center

Covid Select Banner
We understand the difficulty this COVID-19 situation presents for all of our local businesses. The City of Southlake is committed to working with our businesses as this unprecedented situation unfolds. Below is some information and resources to help your business during this challenging time.

Local & State News / Information for Businesses:


  • Governor Abbott Issues Executive Order, Implements Statewide Essential Services And Activities Protocols:  Governor Greg Abbott issued an Executive Order implementing Essential Services and Activities Protocols for the entire state of Texas, in effect from 12:01 a.m. April 2 through April 30, 2020. Click here to read more.
  • Tarrant County Issues Stay at Home Order (March 24, 2020):  A Stay At Home order has been issued for Tarrant County residents by Tarrant County Judge Glen Whitley, in effect from 11:59 p.m. today, March 24, until April 7, 2020. Click here to read more about what these changes mean for Southlake businesses.
  • Council Extends Emergency Declaration & Postpones May Election (March 23, 2020):  As a result, of the special March 23, 2020, virtual meeting, the Southlake City Council voted to extend Mayor Laura Hill’s First Amended Declaration of Local Disaster and Public Health Emergency.   Click here to read more.
  • Governor Abbott announced that the U.S. Small Business Administration (SBA) has now granted Texas’ Economic Injury Disaster Loan (EIDL) assistance (March 20, 2020): Governor Greg Abbott today announced that the U.S. Small Business Administration (SBA) has included the entire state of Texas in its Economic Injury Disaster Declaration and granted access to its Economic Injury Disaster Loan (EIDL) program, which will provide long-term, low-interest loans to qualifying businesses across the state. For additional information on Texas business-related COVID-19 resources, including a list of required documentation for the SBA Loan process, click here.
  • Governor Abbott Waives Certain Regulations To Allow Delivery Of Alcohol From Restaurants And To Support Hospitality Industry (March 18, 2020): Governor Greg Abbott issued a waiver that will allow restaurants to deliver alcoholic beverages with food purchases to patrons, including beer, wine, and mixed drinks. Click here for the details on this temporary waiver.
  • Southlake Chamber of Commerce Response to COVID-19: Chamber President Mark Guilbert and the Executive Committee have made the decision to suspend meetings and programs. Click here for details and all the ways the Southlake Chamber of Commerce is supporting businesses.

Federal Response / Information for Businesses:


  • Legislative Efforts
    • President Trump signed the CARES Act on Friday, March 27. Here are some highlights for Small Businesses:
      • Paycheck Protection Program —The legislation’s “Paycheck Protection Program” would allow SBA to provide eligible small businesses and 501(c)3’s with a guarantee on a loan up to $10 million. 
      • This loan could then be forgiven for up to eight weeks of payroll, rent, utilities, and other essential operating expenses. Forgiveness would be reduced proportionally to any layoffs, as well as any reductions in salary above 25%. 
      • Eligible organizations include those with 500 or fewer employees, those that meet industry-specific SBA thresholds, independent contractors, and sole proprietorships. Restaurants and hospitality locations are assessed the 500 employees on a per-location basis. 
      • Grants — An additional program would provide $10,000 emergency grants to eligible small businesses to offset certain operating costs.
      • Tax Credits — A tax credit would compensate employers for half of wages paid to workers (up to $10,000 in wages per worker).
    • To help our Southlake businesses with the CARES Act, we've provided summaries that have been drafted by the following agencies:
  • Internal Revenue Service
    • Following President Donald J. Trump’s emergency declaration pursuant to the Stafford Act, the U.S. Treasury Department and Internal Revenue Service (IRS) today issued guidance allowing all individual and other non-corporate tax filers to defer up to $1 million of federal income tax (including self-employment tax) payments due on April 15, 2020, until July 15, 2020, without penalties or interest.. More information can be found by clicking here.
If you have any questions, please contact us at (817) 748-8400 or by email at EconDev@ci.southlake.tx.us. For local up-to-date information on COVID-19 visit www.ProtectSouthlake.com.

Local Business Information:


In an effort to support our local restaurants, food establishments, grocers and pharmacies, many of our Southlake businesses are offering alternate dining/shopping options including curbside pick-up, low-contact take out, delivery, and online gift cards. See our two pages providing regularly updated information regarding these type of businesses.
  1. Financial Assistance
  2. Scam and Fraud Scheme Notice
  3. Disaster Restrictions Information
  4. Business Resources during COVID-19
  5. Business E-Services

Small Business Administration

Economic Injury Disaster Loan Program
The SBA will work directly with state Governors to provide targeted, low-interest loans to small businesses and non-profits that have been severely impacted by the Coronavirus (COVID-19). 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. More information can be found by clicking HERE.

For questions, please contact the SBA disaster assistance customer service center at 1-800-659-2955 (TTY: 1-800-877-8339) or e-mail disastercustomerservice@sba.gov. You can also obtain the U.S. Chamber of Commerce Coronavirus Emergency Loans Small Business Guide and Checklist or visit the U.S. Chamber of Commerce website by clicking here.

​Updates:


March 20, 2020: Governor Greg Abbott today announced that the U.S. Small Business Administration (SBA) has included the entire state of Texas in its Economic Injury Disaster Declaration and granted access to its Economic Injury Disaster Loan (EIDL) program, which will provide long-term, low-interest loans to qualifying businesses across the state. Click here for the to begin the loan application through the SBA website.

Paycheck Protection Program (PPP)
The Paycheck Protection Program (PPP) is specifically designed to help small businesses
keep their workforce employed and assist with payroll and other business operating expenses. It will
provide critical capital to businesses without collateral requirements, personal guarantees, or SBA fees.
All loan payments will be deferred for six months. Most importantly, if employers maintain their
payroll, certain portions of the loans can be forgiven, including payroll, interest on mortgage
obligations, rent and utility payments. Find more information from the U.S. Department of the Treasury by clicking here.

Texas Comptroller

For those businesses that are struggling to pay the full amount of sales taxes they collected in February, the Texas Comptroller of Public Accounts is offering assistance in the form of short-term payment agreements and, in most instances, waivers of penalties and interest.

They ask that you contact their Enforcement Hotline at 800-252-8880 to learn about your options for remaining in compliance and avoiding interest and late fees on taxes due.

In addition, they have a variety of online tools for businesses seeking assistance. See their COVID-19 emergency response webpage for access to online tools, tutorials and other resources for tax services, and to establish 24/7 online account access with Webfile.

TWU

The Texas Woman’s University Chancellor Carine M. Feyten announced on March 26, 2020 that the Center for Women Entrepreneurs is launching the AssistHER grant program, which will provide 100 $10,000 grants to women-owned small businesses in Texas that have been impacted adversely by the coronavirus pandemic. Grant funds can be used for operating expenses (excluding payment of sales tax and payroll, advertising, purchase of food for consumption, penalties and fees, and charitable donations), technology upgrades or help adapting to a new business model. You can find out more by clicking here.

Texas Restuarant Association

The COVID-19 pandemic crisis has brought upon the restaurant industry a challenge of catastrophic magnitude. The Texas Restaurant Association (TRA) has been working daily to support the evolving needs of the more than 50,000 restaurants throughout the State of Texas and the 1.4 million workers they employ.

To respond to this immediate financial need the TRA have established the TX RESTAURANT RELIEF FUND through the Texas Restaurant Association Education Foundation, which is a 501(c)3 non-profit focused on the education and development of Texas’ restaurant industry workforce. To support independent restaurants, the TX Restaurant Relief Fund will distribute grants of up to $5,000 PER UNIT to immediately support their financial needs. These funds are earmarked specifically for use to keep their doors open and their workers employed.

To learn more on how to donate or apply for relief funding click here.