Texans can apply online to see if they qualify for a long-term, low-interest loan from the U.S. Small Business Administration.
Mitchell Ferman
Mitchell Ferman covered energy and the economy from 2020 to 2022, based in Houston. Before joining the Tribune he was a reporter for The Monitor in McAllen, where he covered cross-border trade, politics and the city of McAllen. He also regularly freelanced from the Rio Grande Valley and beyond for The New York Times, Texas Monthly and Reuters, writing about topics including the family separation crisis and unexpected consequences of the border wall. He graduated from the University of Missouri.
Posted in
Coronavirus in Texas
Texas restaurants are asking for tax relief from the state. But officials say they need those revenues during the pandemic.
Restaurant owners say that delaying sales tax payments could help them ride out the pandemic. State officials, however, say that those revenues help keep hospitals and emergency services running.
Posted in
Economy
Texas regulators contemplating a reduction in oil production amid coronavirus crisis
A Texas Railroad Commission official said no decision has been made yet and the agency is looking into options.
Posted in
Coronavirus in Texas
“It’s going to hurt”: New coronavirus shocks Texas economy as length of public health crisis remains unknown
The novel coronavirus has caught governments unprepared, put people out of work and set businesses on the brink of closure. Congress is working on a federal stimulus package as unemployment claims in Texas are expected to rise.
Posted in
Coronavirus in Texas
Social distancing has upended the financial lives of countless Texans. And many don’t know what’s next.
Officials say they have to prioritize public health over economic concerns. Meanwhile, people who can’t work from home navigate a public health crisis while facing financial uncertainty.
Posted in
Coronavirus in Texas
Texans were already feeling coronavirus’ financial squeeze. Then the cases increased and cancellations mounted.
The state’s oil and gas industry has cratered. Major events have been called off, and tourism across Texas has dipped. It is too soon to tell the statewide economic impact from COVID-19, but Texans are already feeling a pinch.
