MCALLEN, Texas — Congressman Vicente Gonzalez held a press conference to speak on the latest developments regarding the Coronavirus, Aid, Relief, and Economic Security (CARES) Act.
At the conference, Gonzalez mentioned he is working to get the money to the small businesses that need it as fast as they are able to.
“We’ve got $151 million that we’ve already received for Hidalgo County, and we have little over $1.5 million that we got for Clinica Del Valle,” said Gonzalez.
He also mentioned that they are working on having college students, that are claimed under their parents, qualify for a check from the government.
“We hope that in the next three months people can start getting back to work and we start opening our economy, and I certainly look forward to that day coming soon.”
Gonzalez advised that businesses continue applying for funding so that they can be in the system and be enrolled when the additional funding is received.
“We’ve put out more loans in the past week than we had in the past 12 years for that,” said Gonzalez, when asking those applying to be patient.
Gonzalez went into the forgiveness aspect of the loan stating, “In order for it to be forgiven, the forgiven portion of it, you have to have spent 75 percent of that on labor costs, on payroll; and the biggest goal in all this process is to keep people employed, keep the paychecks flowing.”
He added that bushiness could contact his congressional office for guidance on resources they may qualify for.
Gonzalez also addressed COVID-19 numbers in the Rio Grande Valley.
“According to everything that we’ve been told, the hardest portion of the coronavirus to hit to our region could potentially be between the first of May and the 10th of May.”
Gonzalez ended the conference by saying he has faith in the United States and that the economy will recover.
“We are going through a complicated time. Our country has been through many complicated times and through many crises and wars and other pandemic[s],” said Gonzalez. “We’ve always recovered. We’ve always thrived… I have no doubt, in my heart, that we’re gonna recover and we’re gonna be just as good or better than before.”
WATCH the full press conference below: