Short Course Webinar
Tuesday, April 27th, 2021
Apply for a PPP Loan
with TransPecos Banks
Coronavirus:
Government Orders
Association in the Nation
to promote the lodging industry in Texas.
THLA Member Benefits
Advocacy
As the voice of the Texas lodging industry, we advocate for legislation, regulations and resources that promote a strong lodging industry in Texas.
Legal Support
Our lawyers are available 24/7 to provide on-demand advice and answers to all of your legal and operational questions.
Marketing
Members receive complimentary listings on three leading tourism websites: TravelTexas, Texaslodging and TourTexas.
THLA has partnered with TransPecos Banks, a Texas state savings bank headquartered in San Antonio, to be the endorsed source for hotel owners to obtain First and Second draw Paycheck Protection Program (PPP) loans.
The Small Business Administration (SBA) opened its application portal and TransPecos is now accepting applications online from hotels for processing first and second PPP loans.
On December 27, 2020, the Consolidated Appropriations Act (Act) was signed into law to provide financial relief to small businesses suffering from the impact of the COVID-19 pandemic.
The Act amends the Paycheck Protection Program (PPP) that was established earlier this year under the CARES Act. As before, the PPP loans will be low-interest, forgivable loans for specified purposes, designed to encourage businesses to keep employees on the payroll during the pandemic.
Click Here to learn more about First Draw.
With the recent authorization of Round 2 of the Paycheck Protection Program (PPP), TransPecos Bank has all your questions covered.
PPP Extension: The PPP Extension Act, signed into law by President Biden on March 30, extends the PPP through May 31, 2021. This new deadline gives applicants an additional two months to apply for a first or second draw PPP loan.
What Members Are Saying
While I value the extensive marketing of my property, THLA also provides complimentary legal advice, and I take advantage of this benefit often. I can count on same-day service and clear, thorough responses to our questions. This is information that we can’t get from our national brand and would cost a fortune to obtain elsewhere.
Our group listing partnership with THLA is a benefit that provides phenomenal value for promoting tourism and lodging in Georgetown.
Our hoteliers are grateful that we invest in their businesses exposure on high profile tourism websites. Plus, free legal advice from THLA. Every question gets an immediate answer.
THLA’s tireless advocacy protects our property and the entire Texas hotel industry from costly proposed charges.