(Houston Chronicle):By April 13, $21.8 billion in "paycheck protection loans" had been approved for 88,400 Texas businesses. That was the most of any state, but only a fraction of the businesses in Texas that would likely be eligible for the loans, which can be forgiven if businesses keep workers on the payroll.
The state has more than 546,000 businesses of 500 employees or fewer, according to the most recent data from the Texas Workforce Commission, and lawmakers say more funding is urgently needed as unemployment claims skyrocket, passing 1 million in Texas in just four weeks.