WACO, Texas (KWTX) – On Tuesday the Small Business Administration sent out a delegation to meet with local officials and talk with small business owners about their experience during the economic downturn following the COVID-19 pandemic.
“What I am seeing here in Central Texas is that the (Paycheck Protection Program) is an absolute success,” SBA Regional Admin Justin Crossie said.
Crossie along with other SBA staff toured businesses in Waco and Killeen that relied on PPP loans to stay open.
The results so far, they say are a success.
“The economy is much stronger than anyone would have thought at this point,” said Crossie, after going to several states in the region.
While many have speculated over more help coming in the form of another stimulus deal, Crossie said the SBA will back whatever Congress comes up with.
“The next level of moving forward will be up to Congress,”