Coronavirus New Mexico Business Resources | COVID-19 (gonm.biz)

Coronavirus New Mexico Business Resources | COVID-19

Federal Assistance: Small Business Administration (SBA)        

Paycheck Protection Program (PPP)

An SBA loan that helps businesses keep their workforce employed during the COVID-19 crisis. The program has resumed January 11, 2021.  Read the press release.

More on the Paycheck Protection Program from the SBA.  PPP Update from the SBA, January 14

View the EDD webinar on PPP, recorded January 15.

• Download the PDF version

Economic Injury Disaster Loan (EIDL)                                          

This loan provides economic relief to small businesses and nonprofit organizations that are currently experiencing a temporary loss of revenue.  

• EIDL Advance is no longer available.
• More information about EIDL 
• Apply directly to the SBA HERE

Deferment of current SBA loans

• The SBA will also pay the principal and interest of new and current 7(a) loans issued prior to September 27, 2020.

Have questions or need help applying to these SBA programs?  The SBDC can help you navigate these programs, find lenders, and apply. Access information and locate service providers HERE. Additionally, the SBDC is hosting daily trainings on these programs HERE.

Additionally, the SBA offer s a wide variety of programs to help your business achieve its goals.  Begin here.

• Apply with a participating SBA 7a lender. See if your current lender is participating in this program.  
• Download the complete SBA Resource Guide     

State Assistance

Small Business CARES Relief Grants

This program has closed.  For more information please go to the New Mexico Finance Authority.

Small Business Recovery Loan Fund

This program has closed.  For more information please go to the New Mexico Finance Authority.

Other State Programs

• The NM Small Business Investment Council has identified several partners offering loan programs.
• If you are a larger organization which employs more than 40 employees, you may be eligible for the New Mexico Recovery Fund.

Grant Opportunities

• The Grant Plant Inc. COVID-19 Emergency Grants
• GrantStation Searchable Database of COVID-19 Related Grant Opportunities

Visit EDD's Business Resource Center for more assistance.

CARES Act

SBA- US SMALL BUSINESS ADMINISTRATION

Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19)

The Centers for Disease Control and Prevention (CDC) offers the most up-to-date information on COVID-19. This interim guidance is based on what is currently known about the coronavirus disease 2019 (COVID-19). For updates from CDC, please see the following:

- Interim Guidance for Businesses and Employers to Plan and Respond to Coronavirus Disease 2019 (COVID-19)

- Preventing Stigma Related to COVID-19

- Share Facts about COVID-19

- CDC Coronavirus Disease 2019 (COVID-19) Web page

- Information on Coronavirus Disease 2019 (COVID-19) Prevention, Symptoms and FAQ

Taos Area Banks participating in SBA Loan Funding:

Centinel Bank of Taos 512 Paseo del Pueblo Sur (575) 758-6700  http://www.centinelbank.com

Hillcrest Bank 1356 Paseo Del Pueblo Sur (575) 758-4500 https://www.hillcrestbank.com/

U.S. Bank 120 W. Plaza (505) 823-6215 http://www.usbank.com

Paycheck Protection Program Presentation  Hosted by New Mexico Association of Commerce & Industry  VIDEO

 
The following interim guidance may help prevent workplace exposures to acute respiratory illnesses, including COVID-19, in non-healthcare settings. The guidance also provides planning considerations if there are more widespread, community outbreaks of COVID-19.

To prevent stigma and discrimination in the workplace, use the guidance described below and on the CDC’s Guidance for Businesses and Employers web page.

- Actively encourage sick employees to stay home

- Separate sick employees

- Emphasize staying home when sick, respiratory etiquette and hand hygiene by all employees

- Perform routine environmental cleaning

- Additional Measures in Response to Currently Occurring Sporadic Importations of the COVID-19: Employees who are well but who have a sick family member at home with COVID-19 should notify their supervisor and refer to CDC guidance for how to conduct a risk assessment of their potential exposure.

STAKEHOLDER ANNOUNCEMENT: USDA Rural Development Launches COVID-19 Resource Webpage

USDA Rural Development has launched a COVID-19 resource page to keep our customers, partners, and stakeholders continuously updated on actions taken by the Agency to help rural residents, businesses, and communities impacted by the COVID-19 outbreak.  Visit www.rd.usda.gov/coronavirus for information on Rural Development loan payment assistance,  application deadline extensions, and more.

ADDITIONAL RESOURCES:

Current Cases in NM: http://cv.nmhealth.org/

Taos NM Census Data - 2010

This data is a profile of general population and household characteristics - 2010 Census

Download

Census Data | NMEDD (gonm.biz)

December 2020 Economic Summary - Taos.docx (gonm.biz)