disaster recovery funds

Disaster Recovery Funds (Loans for Small Businesses)

Governor Abbott announced that the U.S. Small Business Administration (SBA) has now granted Texas’ Economic Injury Disaster Loan (EIDL) assistance declaration, making loans available statewide to small businesses and private, non-profit organizations to help alleviate economic injury caused by the Coronavirus (COVID-19). Next Steps: Small businesses who believe they may be eligible for an SBA EIDL should visit…

KLZ Stone Group Inc

Rapid progress continues to be made on the KLZ Stone Group Inc facilities off of HWY 11. This impressive facility will be home to a premier granite and stone group business importing large blocks of granite from south America and processing them for resale.

invitation to bid

Invitation to Bid

The Commerce Economic Development Corporation (the “CEDC”) is accepting sealed bids to award a contract for the mowing of selected developed and undeveloped lots for the Commerce Economic Development Corporation. The successful Contractor shall provide all labor, equipment, and public safety equipment necessary to perform this work. Bids must comport with the scope of work…

New Industry Coming to Commerce

The Commerce Economic Development Corporation has announced that POLARA Enterprises will soon open a new manufacturing facility in Commerce, Texas. The California-based company is one of the country’s leading manufacturers of electronic components and devices used by the industrial, medical and traffic industries, as well as the U.S. Military. “We are truly proud that a…

$90,000 USDA RURAL BUSINESS ENTERPRISE GRANT

Through the USDA, the Commerce Economic Development Corporation has received $90,000 in grant funds to establish a revolving loan fund. These funds will be used to provide financial assistance through low interest loans to small and emerging private business enterprises within the City of Commerce ETJ. A primary component for loan consideration is job creation.…