The Marble Falls EDC is implementing a COVID-19 Emergency Loan Program to provide assistance to local businesses suffering from financial impacts related to the COVID-19 (coronavirus) pandemic pursuant to the authority of the EDC under Sec. 505.103, Local Gov’t Code and the EDC Board’s intent to promote local businesses during this time of local disaster.  The purpose of this program is to provide working capital for personnel costs, rent, utilities, etc. for existing small business enterprises within the city of Marble Falls, Texas.