AUSTIN (KXAN) - Billions of dollars in small business capital loans are on hold because of the government shutdown.
The United State Small Business Administration is not approving loan applications during the shutdown and it could leave many small businesses across the country in a state of limbo.
Applications filed will have to wait until the government resumes operation.
The Palmer Events Center played host to the Meet the Lender Business Loan Fair on Wednesday. An event usually attended by the United States Department of Agriculture, but not this year.
“I am trying to get info about loans and access loans and I cannot do it,” said Jon Weisblatt, the owner of Austin based UpgradeUSA. Weisblatt said the Federal Trade Commission website is also shut down; just another way the shutdown affecting business decisions.
This is their livelihood,” said Sue Malone with Superior Financial Group. “They don’t get back pay. Unless they have funds, they won’t have money to put food on the table and feed their children.”
Willie Nelson's nine-hole golf course in Briarcliff is up for sale and the asking price is $3 million, according to a local real estate website.
Pope Francis, the first Jesuit pontiff who won hearts and headlines with his humility and common touch, was named Time magazine's Person of the Year for 2013.
When Dawn Erin decided to seek health coverage for the first time in two decades, she was prepared for the red-tape run-around.
Most of the crowd that poured into Austin City Hall on Tuesday night was disappointed with the Parks and Recreation Department's decision to approve a smaller off leash area at Auditorium Shores.
The cold weather tends to bring a bump in cold and flu cases in Central Texas which has a lot of people reaching for over-the-counter drugs. Doctors say to use caution though when picking out those medicines.
Mack Brown's attorney and the university's new athletics director say the Texas coach has not resigned, denying a report that Brown was ready to step down after 16 seasons with the Longhorns.