Financial Assistance for Businesses during COVID-19

To assist businesses during this difficult time, the City of Southlake Economic Development & Tourism team has pulled together resources for businesses to use if they need financial assistance. Click on each tab for information and access to that resource.

Tarrant County Small Business Assistance Program

The Tarrant County Small Business Assistance Grant program is designed to provide financial assistance to very small businesses that have been adversely affected by the current COVID-19 public health emergency and most likely have found it difficult to apply and access other Federal grants or loans through the SBA or traditional banks and lending institutions. This grant program is aimed at assisting small businesses with the costs of business interruption caused by required closures. The dollar amount of individual grants will be determined by the financial information provided, the number of eligible grant applications received, and the funding pool available, with no individual grant being more than $10,000. An amount of $30 million in CARES Act funds has been allocated by the Tarrant County Commissioners Court to the Small Business Assistance Grant Program for grant funding purposes.

Click on the tabs below for more information on the Tarrant County Small Business Assistance Grant program or follow this link to apply.

PLEASE NOTE: The Application submittal period begins June 22, 2020 at 10:00 am and ends July 1, 2020 at 6 pm. 
  1. Requirements
  2. Allowable Expenses
  3. Required Documentation
  4. Ineligible Businesses
  5. FAQ's & Other Information
  • Business must be physically located and operating within Tarrant County (excluding the City of Fort Worth).
  • Business must provide the name of City in which they are located and a street address (no P.O. Box) for the business location, and if different, a mailing address for the business.
  • Business must be a for-profit sole proprietorship, organization, association, corporation, partnership, joint venture, limited partnership, limited liability partnership, or limited liability company with 25 or fewer Full Time Equivalents (FTE) employees as of March 1, 2020.  
  • Business must have been active since January 1, 2020.
  • Business must have been closed or partially closed because of the COVID-19 public health emergency and in need of reimbursement for business interruption and/or incurred costs caused by COVID-19 closures.
  • Business is NOT listed on the Federal debarment list per the System for Award Management (SAM) website.
  • Business shall not have delinquent 2018 or prior year property taxes, tax liens or judgments.
  • The Grant funding determination will be based on the following:  
    • Grant funding eligibility and grant reimbursement amount will be determined based on the financial and other information provided in this application, along with the required documentation.
    • To establish grant eligibility, business must show a reduction in Net Profit or an increased Loss when April and May 2020 is compared to January through March 2020 Net Profit/Loss.
    • The amount eligible for reimbursement by the Grant is the total actual costs for April and May 2020 plus the calculated average owner’s compensation or partnership draw incurred but not paid.  
    • The dollar amount of individual grants will be determined by the information provided, the number of eligible grant applications received, and the funding pool available, with no individual grant being more than $10,000.
  • Owners of multiple business are only eligible to make grant application for ONE business location.   Application will include disclosure of owner(s).
  • Twenty percent (20%) of the allocated grant funds will be allocated for businesses with 51% Minority, Woman, or Veteran ownership. 
  • Grant proceeds may be for expenses incurred after March 1, 2020 through May 31, 2020. Grant funds received are not for the same costs covered by 1) other Federal grants or Loans business has received (i.e. PPP, SBA EIDL, or other federal program funds), 2) other local grants, or 3) business interruption insurance payments.
  • Completed applications and required documentation will be reviewed by the Tarrant County Auditor’s Office based on Tarrant County Commissioners Court approved Small Business Assistance Grant Program Guidelines. 
  • The approved grant amounts will be determined based on the total eligible applications funding requested and the amount of program funding available. The amount of any individual grant is limited to a maximum of $10,000.
  • Applicant will receive an email indicating grant approval or denial, and if approved, the dollar amount of the grant.
  • Checks for grant awards will be issued to qualifying grant recipients through Tarrant County Accounts Payable. Checks will be issued to the business and mailed to the address listed in the provided Form W-9.  A report of the business grant recipients and the amount of grants funded will be sent to and filed with the Commissioners Court. 
  • All required documentation must be uploaded and submitted with the application in order to be complete.  Applications missing required documentation will be determined incomplete, and ineligible for funding.
  • Businesses are encouraged to utilize the online Tarrant County SBDC Business Assistance training video for information on best practices in use of grant funds; the SBDC can also provide assistance with information on the required documentation for the application. Application Assistance Centers are available in various cities and other locations around the County for application transmittal assistance (see Grant website for locations).
  • Tarrant County is a governmental body subject to the Texas Public Information Act. Information submitted to Tarrant County in the application may be subject to the Act and, therefore, subject to public release.

Other Financial Resources

  1. Small Business Administration
  2. Texas Comptroller of Public Accounts
  3. Texas Women's University
  4. Texas Restaurant Association
  5. Local Initiatives Support Corporation
  6. Facebook
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 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.


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.