Sec. 481.604. USES OF LOAN. An eligible small business may only use a loan received under this subchapter to pay the small business's payroll costs, including costs related to the continuation of health care benefits for the small business's employees.
Added by Acts 2021, 87th Leg., R.S., Ch. 847 (S.B. 678), Sec. 1, eff. September 1, 2021.
Structure Texas Statutes
Subtitle F - Commerce and Industrial Development
Chapter 481 - Texas Economic Development and Tourism Office
Subchapter CC. Small Business Disaster Recovery Loan Program
Section 481.602. Small Business Disaster Recovery Loan Program
Section 481.603. Eligibility for Loan
Section 481.605. Application for Loan
Section 481.606. Small Business Disaster Recovery Revolving Fund