The Economic Injury Worksheet (EIW) is being sent to local jurisdictions for distribution to small businesses and Private Non-profit organizations (PNPs) that have sustained substantial economic injury as a result of COVID-19. Small businesses and PNPs must be able to demonstrate that they are unable to meet obligations or pay ordinary or necessary operating expenses by completing the EIW.
It is very important that the “Estimated Adverse Economic Impact” section of the form is completed in its entirety. The “brief explanation” field should also include comments that state that “the economic impact is directly related to COVID-19.” This form is not an application. The purpose is to assist the State of Texas in receiving a Small Business Administration award. Application to the program will be required at a later date.