COVID-19 Updates and Assistance

 

The EDCLC continues to monitor the COVID-19 situation closely. Our organization’s main concern is the health of our community and the short- and long-term stability of Lea County’s businesses.

As of 3/23/20, NM Governor Lujan Grisham has requested all non-essential businesses close. Please view the documents below for more information on what businesses are considered essential and will remain open.

 

COVID-19 Department of Health Order

What Businesses are Essential?

FAQS – Shelter in Place Instructions

Business Resources

 
CARES Act

US Congress passed the CARES Act to help small businesses and employees hit by the effects of the COVID-19 virus. Below, find resources about the Act and how businesses can access or utilize funds.

Summary of SBA Loans available through CARES Act

The Small Business Owner’s Guide to the CARES Act

CARES Act: Initial Overview of Tax-Related Items

Apply for SBA Economic Injury Disaster Loan

Apply for Paycheck Protection Program

NM Small Business Development Center

SBA: New Mexico District Office
Albuquerque, NM 87103
505-248-8225
Visit website

SBA Regional Office
Fort Worth, TX 76155
817-684-5581
Visit website

State & Federal Programs
Rapid Response Taskforce

NM Economic Development Department, Dept of Workforce Solutions, & Tourism have created a Rapid Response Taskforce for businesses with questions.  If you are unsure where to go for resources, submit your questions directly.

NM Economic Development Department

NM Economic Development Department is offering loan guarantees as well as zero interest LEDA funds (LEDA applies only to infrastructure for manufacturing companies). Information regarding federal SBA loans is also available on their webpage.

NM Department of Workforce Solutions

NM Department of Workforce Solutions has made it easier to apply for unemployment benefits, specifically if you have been impacted by the Coronavirus. The requirement to look for work has also been waived.

NM Association of Commerce & Industry

The Association of Commerce & Industry has information regarding state and federal programs to help businesses through this time.

All Together NM Fund

The All Together Fund has been established to help New Mexico respond to and eventually recover from the COVID-19 pandemic. The Fund will be used to address immediate needs and offer long-term support for the recovery work that lies ahead.

USDA

The USDA is offering relief for homeowners under their loan program as well as extensions to grant deadlines.

Summary of Programs

Intermediary Relending Program

Rural Microentrepreneur Assistance

Health Resources

Stay up to date with COVID-19 developments and best practices for staying safe and healthy using the following websites:

Center for Disease Control & PreventionWorld Health OrganizationNM Department of HealthBeWell New Mexico
General Questions

For updates on the virus and other general inquiries, please visit the links below.

National Federation of Independent BusinessesLea County Emergency ManagementNM KRQE

New Mexico Coronavirus Health Hotline: 1-855-600-3453
(Please use the number above if you have HEALTH related questions about the coronavirus.)

New Mexico Coronavirus Information Hotline: 1-833-551-0518
(Please use the number above if you have questions about school closures, job issues etc.)

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