Emergency assistance for eligible venues affected by the COVID pandemic, as presented by SBA on 1-15-21 Program Details The Shuttered Venue Operators (SVO) Grant program was established by The Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act, signed into law on December 27, 2020. The program includes $15 billion in grants to shuttered […]
As presented by SBA, January 2021 This presentation is developed to provide a general overview of PPP loan processes related to provisions in the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (the Economic Aid Act). In the event of any inconsistency between this presentation and the Economic Aid Act, the Paycheck Protection […]
By Office of Communications and Public LiaisonContact U.S. Small Business Administration at Press_Office@sba.gov or (202) 270-3876 WASHINGTON – The U.S. Small Business Administration (SBA), in consultation with the Treasury Department, announced today that the Paycheck Protection Program (PPP) will re-open the week of January 11 for new borrowers and certain existing PPP borrowers. To promote access to capital, initially only community financial institutions […]
By U.S. Small Business AdministrationFor small businesses across America, 2020 has been one of the most challenging years in history. Despite the coronavirus pandemic, small business owners have been resilient, pivoting, and adapting their business models to navigate continually changing conditions. With the new year on the horizon, there are potential new opportunities to take advantage […]
FOR IMMEDIATE RELEASE:Contact: Bruce KrasnowBruce.Krasnow@state.nm.us(505) 827-0226, cell: (505) 795-0119 Dec. 18, 2020 Gov. Michelle Lujan GrishamCabinet Secretary Alicia J. KeyesDeputy Secretary Jon Clark SANTA FE, N.M. – The Economic Development Department has published the most recent series of county economic reports with detailed economic and employment data for all of the 33 counties as well as a statewide snapshot, Cabinet […]
FOR IMMEDIATE RELEASEContact: Nora Meyers SackettPress Secretary, Office of the Governornora.sackett@state.nm.us(505) 690-7313 Dec 16, 2020 | Press Releases SANTA FE – The state’s emergency public health order on Wednesday was amended to accommodate slightly increased capacity inside essential retail spaces, such as grocery stores and certain other large “big box” retailers that generate a percentage of their […]
Answered by the New Mexico Finance Authority from the December 3, 2020 Presentation What is the Small Business CARES Relief Grant Program?The Small Business CARES Relief Grant Program was created by the State of New Mexico in the November 2020 Special Session to provide $100 million in grant funding to New Mexico small businesses that […]
Presented by the New Mexico Finance Authority, December 3, 2020 Who is the New Mexico Finance Authority? The New Mexico Finance Authority was created in 1992 to provide low-cost financing for cities, counties and businesses throughout New Mexico. NMFA’s mission is to advance New Mexico by financing impactful, well-planned projects. As part of the First […]
The New Mexico Economic Development Department is hosting a webinar with the New Mexico Finance Authority (NMFA) to inform small business owners about the new CARES Continuity Grant program. The CARES Continuity Grant program offers $100 million in grant funding to New Mexico small businesses. This grant program was created by the State of New Mexico […]
On Monday, November 30, 2020, Gov. Michelle Lujan Grisham provided more details on the county-by-county framework that will permit counties to operate under less restrictive public health measures when health metrics demonstrating the extent of the spread of the virus and test positivity within those counties are met. The framework outlined below will go into […]