Abbott announces $50M in loans for small businesses in Texas

This is an excerpt from our partner KHOU’s coronavirus updates for Monday, April 13. Click here for all of the April 13 updates, and click here for more coronavirus coverage from KHOU.

Goldman Sachs and the LiftFund are helping Texas provide $50 million in loans to small businesses to help during the COVID-19 pandemic, Gov. Greg Abbott announced at a press conference Monday morning.

Abbott said that $25 million of these loans come from a partnership between Goldman Sachs and LiftFund. Waldron said…