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Covid-19 Small Business Relief & Recovery Loan Program

HGALDC - Houston-Galveston Area Local Development Corporation

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Covid-19 Small Business Relief & Recovery Loan Program

First Name First name is Required

Last Name Last name is Required

Business Name Business name is Required

Email Address Email Address is Required

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Phone Number (Primary Number) Phone number is Required

Invalid Number

Please enter your Home Address

Address Address is Required

City City is Required

Zip Code Zip Code is Required

Invalid Number

County County is Required

Please enter your Business Address

Business Address Address is Required

City City is Required

Zip Code Zip Code is Required

Invalid Number

County County is Required

NAICS Code (Look up NAICS CODE) Note: DO NOT USE 'SIC' CODE NAICS Code is Required

Invalid NAICS Code

Date business began operating [Date Format: MM/DD/YYYY] Start Date is Required

Invalid Date

Please list all business owners and their ownership percentages

Name

Ownership Percentage

Numbers Only [1 - 100]

Required Field

Number of Employees Number of Employees is Required

EIN Number [XX-XXXXXXX] EIN Number is Required

Invalid Number

Was your business impacted by COVID-19?

Yes

Please confirm if you were impacted

If Yes, please explain how revenue, sales, traffic, infrastructure, etc. have been impacted

Have you received other Federal funds for COVID-19 relief (i.e. PPP, EIDL, other)?

Yes

Please confirm if you received federal funds

If yes, name of loan program and amount received. What were the funds used for?

If you have received other federal funding for COVID-19 relief, you certify that you will not use the loan funds from the Gulf Coast Loan Program to duplicate costs covered by other federal COVID-19 funding.

What size loan are you requesting? No more than $50,000

NO MORE THAN $50,000

Size of Loan is Required

Please enter only numbers without any commas or decimals!

My business plans to use this loan to cover (select all that apply):

Payroll expenses

Utility expenses

Rent expenses

Mortgage expenses (Business)

Insurance payments

Tax payments

Other expenses

Did your business generate less than $5 million in net income/ profit for 2019?

Yes

As of 12/31/2019, was the net worth of your business less than $15 million?

Yes

Please provide a cost breakdown of what the loan proceeds will be used for Cost Breakdown Amount Cost Breakdown is Required

Numbers Only

Comments

You will be able to use the Application ID (Will be emailed to you) & the Password you enter below to login and track your application status.

Password Password is Required

Confirm Password Password and Confirm Password do not match
Password is Required

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Error: Correct Invalid Phone Number

Funded by the US Economic Development Administration, the Gulf Coast Covid-19 Regional Relief and Recovery Loan Program is administered by the Houston-Galveston Area Council through its Local Development Corporation and Gulf Coast Economic Development District. We are committed to treating all applicants and borrowers fairly, consistently and equitably in all eligibility determination, credit analysis, lending and servicing practices while complying with all applicable fair lending laws and regulations.

Houston-Galveston Area Local Development Corporation
H-GALDC

Office:
3555 Timmons Ln
Houston, TX 77027

Phone: 855-364-2516
Fax: 713-993-4548
Email: loans@h-gac.com

A Program by Houston-Galveston Area Council

About H-GALDC

Founded in the early 1980’s by the Houston-Galveston Area Council, the Houston-Galveston Area Local Development Corporation is licensed throughout Texas as an SBA 504 Loan Program certified development company (CDC).

We support economic development through low-cost, fixed rate commercial/industrial real estate, working capital and equipment financing to new, existing and expanding small businesses.

Fair Lending Statement

The Houston-Galveston Area Council through its Local Development Corporation is committed to treating all applicants and borrowers fairly, consistently and equitably in all eligibility determination, credit analysis, lending and servicing practices while complying with all applicable fair lending laws and regulations.

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