Lubbock Business Briefs: FirstCapital Bank of Texas announces plans for PPP loans FirstCapital Bank of Texas announced on Wednesday that they will begin processing a third round of Paycheck Protection Program loans for local businesses in the Lubbock area once new guidelines are released. The bank is waiting for the guidelines from the Small Business Administration and the United States Treasury. Businesses wanting to qualify for the loan must employ no more than 300 employees, have used or will use the full amount of the first PPP loan, and demonstrate at least a 25 percent reduction in gross receipts in the first, second or third quarter of 2020.