The Payment Protection Program (PPP) has been extended! This is great news if you do business in Alamo, Texas! You can now apply for a PPP loan until May 31st, meaning that businesses that received previous funds may now apply for a second-draw loan. The Small Business Association (SBA), which oversees the PPP, will have... read more
According to the Small Business Association, women own or co-own 45% of all businesses in the United States. To help with this growth and foster a healthy economic environment, both the Small Business Association and Alamo EDC have programs that can help women business owners who are planning on opening up businesses in Alamo and... read more
If you have dreams of becoming a business owner in Alamo, then taking the first step means attending our upcoming online meeting. On Wednesday, March 24th, the Alamo EDC will host a free business webinar to discuss our assistance programs that can help you get started, make minor repairs to an existing business, or even... read more
At the Alamo EDC, we work on opening up businesses in Alamo with our incentives and programs. We’re always encouraging residents and visitors to support businesses here, which is why we’re inviting you to “Meet Me in Alamo”! This is a terrific program that encourages people to shop locally in our city, so here’s how... read more
Earlier this year, the U.S. Treasury Department reopened the Payment Protection Program (PPP), the agenda for business owners needing assistance due to the pandemic. The reopening of the PPP couldn’t have come any sooner. If your business has taken advantage of the program, then you need to know how to have the loan forgiven! The... read more
It’s a new year and that means new opportunities. If you’re a small business owner or entrepreneur with a dream to make it big in Alamo, then there are several ways to find investments for your company or startup. Here are four resources to help fund your business in 2021. The Revolving Loan Program The... read more
In January, the Small Business Association (SBA) authorized the reopening of the Paycheck Protection Program (PPP). This fantastic news couldn’t come any sooner for small businesses. Congress authorized $284 billion in funding for the second round of PPP loans as part of a $900 billion Coronavirus stimulus package. Let’s go over the details below! Who... read more
With 2020 behind us, know that the beginning of any new year is the best time for entrepreneurs to make their dreams a reality. The Alamo EDC wants to help you, so read on and learn how we can help you start your business in 2021! A Business Plan A business plan outlines what your... read more
2020 has been tough for many small businesses, and we want to help. The Alamo Small Business Grant Program provides economic grants to qualifying businesses and nonprofit organizations by offering up to $2,500 or 50% in reimbursements for the company’s utilities/bills. This relief can help businesses who need capital for: Equipment purchases Repairs or renovations... read more
If your business received a Paycheck Protection Program (PPP) loan, then repaying it is on the horizon. A provision was included in the program to have the loan forgiven if it was used on payroll costs, rent, or utilities during the eight to 24-week period after loans were dispersed. The Small Business Association has a... read more
