COVID-19 / Coronavirus Resources
The COVID-19 outbreak is having a devastating effect on all of our tenants, and with the ever-changing information businesses must adapt quickly.
Vista Management is working to provide our Tenants with the most pertinent information and resources to help guide you through this difficult time.
The President’s Coronavirus Guidelines for America
SBA Preferred Lenders
SBA loans are long-term loans partially guaranteed by the government. Unlike conventional term loans, SBA loans offer business owners the opportunity to take advantage of lower down payments and favorable terms while removing some of the barriers of traditional financing options.
Paycheck Protection Program
Designed to provide a direct incentive for small businesses to keep their workers on payroll by providing each small business a loan up to $10 million for payroll and certain other expenses. If all employees are kept on payroll for eight weeks, SBA will forgive the portion of the loans used for payroll, rent, mortgage interest, or utilities. Up to 100 percent of the loan is forgivable.
- You can also download the Texas Banker’s Association CARES Act Small Business Assistance: Paycheck Protection Program (PPP) Loans document for a detailed description of how the program works.
- Allegiance Bank is the largest community bank in Houston and is a Preferred SBA lender, click here for more information on the SBA Paycheck Protection Program.
- The SBA EIDL program provides low-interest loans of up to $2M to businesses and private non-profits click here for more information.