Small Business Relief

Assistance for Small Businesses

CARES Act Overview

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $349 billion toward job retention and certain other expenses.

Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards.

Press Release: With $349 Billion in Emergency Small Business Capital Cleared, Treasury and SBA Begin Unprecedented Public-Private Mobilization Effort to Distribute Funds (HERE)

Press Release: Treasury Encourages Businesses Impacted by COVID-19 to Use Employee Retention Credit (HERE)


State and Local Financial Resources:

New Mexico Small Business Investment Corp.

New Mexico Small Business Development Center 

Small Business Administration 

New Mexico Economic Development

Albuquerque Community Foundation and United Way of Central New Mexico 

Washington Federal


Information for Businesses:


Additional resources from the State of New Mexico:

NM Economic Development Resources

City of ABQ Resource Page

Added 4/6/2020

US Chamber of Commerce - Emergency Loans - Small Businesses

New Mexico Economic Development Department’s “BUY TODAY FOR TOMORROW” campaign: