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Stock impact report

Texas gets $50M in small business loans [MSN Money]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: MSN Money
AUSTIN, Texas -- Texas Gov. Greg Abbott announced $50 million in loans for small busins Monday and said he will reveal strategi later this week related to reoping busins in Texas amid the novel coronavirus' spread.© Provided by Pittsburgh Post-Gazette"What this capital will do will provide the compani the rourc they need to keep employe on the payroll for the remaining few weeks or so until busins can begin that procs of oping back up," Abbott said during a Monday prs conferce.Abbott was joined via Zoom, the video-confercing platform, by Janie Barrera, the pridt and CEO of LiftFund, a San Antonio-based nonprofit that holds the nation's largt microlding portfolio; John Waldron, the pridt and chief operating officer of The Goldman Sachs Group Inc.; and small busins owners from Dallas and San Antonio.The $50 million "infusion of capital" is part of a $550 million national commitmt from Goldman Sachs. LiftFund, along with other financial institutions that focus on serving underserved mark Show less Read more
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