(WBAP/KLIF) — Texas small businesses received major benefits from the President’s relief package via the SBA. The Coronavirus shut-down has cost Texas business owners and families billions of dollars. Many Texans received their stimulus checks over the last week, while the small business association sent $21-billion to Texas businesses.
According to senator John Cornyn, Texas banks and credit unions burned the midnight oil to help local business owners secure the funding. He says the entire $349 billion dollars have been depleted and he would like to see Congress replenish the fund.
Cornyn also says republicans are drafting a bill to do exactly that, but claims democrats are trying to add pet projects to the legislation.
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