April 15, 2020 by Marlee McCormick

Goldman Sachs Will Offer $50M In Loans To TX Small Businesses

(Austin, TX) — Goldman Sachs is offering 50-million dollars in loans to Texas small businesses to help them deal with coronavirus.

Goldman Sachs President John Waldron talked about the paycheck protection program, saying some of the loans will be forgiven if certain criteria is met. The cash will be distributed through LiftFund, a non-profit micro lender.

The loans were authorized through the federal coronavirus aid package.