HOUSTON – If you are a small business owner or you know someone who is, tell them about the Texas governor’s webinar Wednesday to give an update on recovery resources through the Small Business Administration like the Paycheck Protection Program. They will answer questions live during the online session today from 1 to 2 p.m.You don’t have to pay to participate, but you do need to register online because there is a maximum capacity of 10,000 attendees. What: Governor’s Small Business Webinar Series: Information on the New Round of PPP FundingWhen: January 27, 2021, 1-2 p.m.Where: Online WebinarAbout the Event:The Governor’s Small Business Team will host a webinar for Texas small business owners to provide an update on recovery resources through the U.S. Small Business Administration (SBA), specifically the Paycheck Protection Program (PPP). Our panel of experts will include senior executives from the SBA and Small Business Development Centers. They will explain the recent changes and provide up-to-date advice on the new round of PPP funding, loan forgiveness, the Economic Injury Disaster Loan (EIDL) and other important resources.

HOUSTON – The Federal Trade Commission is warning small business owners about the latest COVID-19 scam. With a new round of Payroll Protection Program loans now available, scammers are impersonating Small Business Administration employees, calling owners to trick them into giving up information. The FTC says real lenders will never call you and solicit you for a loan you haven’t even applied for. The feds say these are likely phishing attempts from criminals who could illegally apply for loans using your information. You should also never fill out loan applications online from lenders you don’t know to be legitimate.

WASHINGTON After prodding from Democratic lawmakers, the Trump administration has agreed to give Congress but not the public complete data on the millions of small businesses that received loans from a $600 billion-plus coronavirus aid program. Their concession came with a warning to lawmakers not to divulge confidential loan information to the wider public. Last week, the Treasury Department and SBA relented to pressure from lawmakers and watchdogs and agreed to publicly disclose details on which businesses received loans under the program. Under the new agreement, the agencies will provide the complete data on loans of all sizes to the congressional oversight panels. Economists have said the small business loan program has helped, though its hard to know by how much.

Treasury Secretary Steven Mnuchin speaks during a Senate Small Business and Entrepreneurship hearing to examine implementation of Title I of the CARES Act, Wednesday, June 10, 2020 on Capitol Hill in Washington. Mnuchin, testifying before the Senate Small Business Committee, said the administration plans to spend the next 30 days looking at what measures should go in the next relief bill. There is no question that small businesses in many industries will need more help, Mnuchin said. Small businesses and larger businesses are going to need more help.New support measures will need to encourage business owners to rehire workers, especially those in the hardest hit industries like restaurants and travel, he said. The applications require more paperwork from small businesses than the paycheck protection loans.

Corado said she struggled with and did not complete an online application for the Small Business Administrations Paycheck Protection Program, or PPP. That has particularly affected very small businesses and those owned by people of color. The key to recovery in many towns in Texas and across the country is small businesses, local leaders and experts say. We should do what we can to aid those small businesses, but not on a first-come, first-served basis. Local governments are now setting aside some of the federal COVID-19 relief funds for small businesses in the form of grants.

The deadline is Tuesday for applying for disaster assistance with FEMA and SBA for in Montgomery County affected by Imelda. Residence can go to www.disasterassistance.gov to apply for assistance for physical damage suffered. Or you can visit the physical location: Bullas Sallas Park Pavilion and Rodeo Arena at 21675B McCleskey Rd. New Caney, Texas 77357. The office hours are 8 a.m. to 6 p.m.