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Help for Businesses Impacted by the COVID-19 Health Emergency

(last updated January 12, 2021)

 

A new coronavirus relief bill was passed by Congress and has been signed into law.  Here are the 15 Big Changes that will impact your small business.

Hot Topic Tuesday — Dates You Need to Know for PPP 3.0​​

7 Resources for PPP Loan Forgiveness Help

SBA and Treasury Announce PPP Re-Opening; Issue New Guidance

FAQ's Employee Retention Tax Credit under the CARES Act

 

More relief is on the way for small businesses across the country, now that the President has signed the latest coronavirus relief deal into law. Join U.S. Chamber Executive Vice President and Chief Policy Officer, Neil Bradley, and CO— Content Director, Jeanette Mulvey, Tuesday, January 19 at 12:00 pm MST as they discuss the aid that's now available and what small businesses need to know.

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Small Business Update Webinar 1/5/21: More on PPP Loans and the Employee Retention Tax Credit

 

Congress has passed several changes to the Paycheck Protection Program (PPP) and created a new round of PPP funds. Additional changes were also made to Economic Injury Disaster Loans (EIDL Program), the Employee Retention Tax Credit, and SBA loan programs.  Please review the following informational guide created by the U.S. Chamber of Commerce for more information on the COVID-19 Relief Package legislation:

COVID-19 RELIEF PACKAGE

 

What does the new stimulus bill mean for your business?
A new $900 billion stimulus bill has finally worked its way through Congress. Find out what the legislation could mean for your business, including more details on renewed funding of the PPP loan program and more in this conversation between U.S. Chamber’s chief policy officer Neil Bradley and CO— content director Jeanette Mulvey.

Small Business Update Webinar 12/22/20: The Latest Stimulus Details and Changes to PPP Loans

Click Here to View the Consolidated Appropriations Act, 2021 - H.R. 133 

 

SBA.gov's New Spanish Website 

 

The NMSBDC is here to help you navigate through these uncertain times, no matter where you are in your business cycle.  If you have some specific questions and need to speak to a Counselor or you are looking for live trainings on new Federal programs, we are here for you.  We are all in this together.


CARES Act

 

New Mexico COVID-19 Emergency Supply Sourcing and Manufacturing

This site is a collaborative between several federal, state, and local New Mexico entities intended to connect New Mexico medical providers with solutions and capabilities from across the State. It is not intended to address individual medical needs. If you are in need of immediate medical attention or help, please call 911 or refer to other communication avenues as publicized by local, State, or Federal entities.

NM Finance Authority

 

New Mexico Small Business Investment Corporation

City of Rio Rancho - Small Business Assistance Program

**The City will begin accepting applications on June 1, 2020.**

The City of Rio Rancho has developed an emergency relief package for small businesses and micro-enterprise businesses located within the City of Rio Rancho that are in jeopardy as a result of COVID-19 public safety measures. This program is funded through the U.S. Department of Housing and Urban Development CDBG program. Assistance is in the form of a performance grant. In the event that conditions established in the grant agreement are not met, the grant then becomes a loan at zero percent interest. Based on unprecedented requirements for social distancing, businesses have seen a dramatic decline in revenue. 

Shop NM Businesses 

We all want to help save local businesses. To that end, use this platform to help New Mexicans buy gift cards from these companies.

Industry In Action: COVID-19 Resources for Individuals and Businesses

 

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    What Businesses Are Saying

    Two of the most crucial things I learned from the SBDC were how to decide if this was the right kind of business for me and how to create a business plan.

    Sunset Run Restaurant
    Alamogordo, NM

    I'm very grateful to the SBDC for providing ongoing assistance and caring support, and helping me actually own my own business.

    Lewis & Clark Expeditions
    Gallup, NM.

    I strongly believe that without the Farmington SBDC and the assistance provided with our business plan, we could not have secured our loan with the SBA, nor could we have been successful.

    Farmington Flooring Center
    Farmington, NM

    The SBDC helped us in organizing and setting the direction of our business.

    Molina/Watson Dental Technologies
    Rio Rancho, NM

    The SBDC has always been helpful in answering questions and providing guidance...

    The Pink Carnation Florist
    Las Vegas, NM

    The advisor at the SBDC made things easier and helped with any questions I had.

    El Rey Meat Market and Las Casuelas Steak House
    Rio Rancho, NM

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