Harris County forgives hundreds of small business loans for locals
The global pandemic has wreaked havoc on local small businesses; many have struggled without savings, credit, and capital to continue on during the downturn. For some immediate relief, Harris County and the Houston-Galveston Area Council (HGAC) offered some 444 area small businesses interest-free loans of up to $25,000 earlier this year. The loans would be forgiven in five years, per the initial Harris County COVID-19 Forgivable Loan Program agreement. Now, in some feel-good, holiday news,…
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