Small Business Owner’s Resources during COVID-19 Crisis

NEW MEXICO

State and Local Resources for Small Businesses

NMEDD COVID-19 Business Loan Guarantee Loan program

New Mexico Economic Development Department can guarantee a loan up to 80% or principal or a maximum of $50,000

LEDA 0% Interest Loans through NMEDD

Company must be a qualified entity (manufacturer, non-retail service business with more than 50% of revenue generated out of state)

WESST

At WESST, we are dedicated to supporting small businesses across New Mexico. As our community responds to the global COVID-19 public health emergency, we aim to sha…

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ADDITIONAL RESOURCES

Economic Injury Disaster Loan & Emergency Grants

Provides low interest loans of up to $2 million and emergency advance of up to $10,000 to small businesses and private non-profits affected by COVID-19 within 3 days of applying for SBA Economic Injury Disaster Loan.

Apply for SBA Loans

Provides low interest loans of up to $2 million and emergency advance of up to $10,000 to small businesses and private non-profits affected by COVID-19 within 3 days of applying for SBA Economic Injury Disaster Loan.

Small Business Debt Relief

Small Business Debt Relief Program provides immediate relief to small businesses with non-disaster SBA loans. This program applies to loans such as 7(a), 504, and microloans.

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