20 March 2020 – Economic Injury Disaster Loan program extended to Texas businesses

Type of Intervention: Executive Order
Sectors Involved: Civil Defence, Private Sector
Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: Texas
Lead People/Agency: Governor Greg Abbott

Overview: Governor Greg Abbott announced that the U.S. Small Business Administration (SBA) has included the entire state of Texas in its Economic Injury Disaster Declaration and granted access to its Economic Injury Disaster Loan (EIDL) program, which will provide long-term, low-interest loans to qualifying businesses across the state. 
Full details here: https://gov.texas.gov/news/post/governor-abbott-announces-approval-of-emergency-designation-for-small-business-disaster-loans-from-u.s-small-business-administration

Type of Justification: Predicted cause-effect relationship
Evidence/Justification: Small businesses are the foundation of our state’s economy and they need all the help they can get as the ripple effects of COVID-19 impact their everyday operations, said Governor Abbott. “Today’s decision by the U.S. Small Business Administration to make Economic Injury Disaster Loans available to qualifying small businesses across Texas is a vital lifeline for Texas small business owners who are doing their best to adapt to these trying times.” This followed an executive order from the day prior, noting that every person in Texas shall avoid social gathering in groups of more than 10 people, avoid eating or drinking at public establishments, prohibiting nursing home visits, and temporary closure of schools, following advice from the CDC.