EBAP is funded with an allocation of $5 million in federal Coronavirus Aid, Relief, and Economic Security Act dollars and is designed to rapidly provide financial assistance to small businesses located in Dallas County that have been adversely affected by the COVID-19 pandemic and that have been unable to obtain financial assistance to meet all of their business needs.
Data collected by the U.S. Census Bureau’s Small Business Pulse Survey during the week of May 24 to May 30 revealed that small businesses are continuing to struggle to maintain adequate cash to pay their bills, even after having received financial assistance from programs such as the federal Paycheck Protection Program.
Additionally, over 20% of local small businesses reported that, as of late May, they still had not received any federal financial assistance.
Small businesses that are interested in applying for the financial assistance should visit Businesses that need assistance navigating the website may leave a voicemail message at 214-845-7673 and they will receive a return phone call within one business day.
Because Dallas County expects that the amount of funding requested will most likely exceed the funding available, not all eligible businesses will be invited to submit a full loan application.
