Information for Businesses Impacted by Coronavirus

Financial Assistance

The Small Business Owner’s Guide to the CARES Act available HERE.

Guide to Small Business Administration’s Economic Injury Disaster Loans available HERE.

Coronavirus Emergency Loans Small Business Guide & Checklist available HERE.

Guide to the Employee Retention Tax Credit for COVID-19 Impacted Employers available HERE.

New Mexico Businesses

Business Loan Program of the State of New Mexico

The State of New Mexico is adjusting its business-loan guarantee programs in order to make capital more available to business owners whose operations are severely impacted by the COVID-19 health emergency. 

For more details on these programs, click HERE.

Estimated Disaster Economic Injury Worksheet for Businesses

In addition, if you feel your business has been directly financially impacted by this crisis, please fill out the Estimated Disaster Economic Injury Worksheet for Businesses form that will notify the Small Business Administration that N.M. should be eligible for Economic Injury Disaster Loan Declaration. If you are interested, please submit your completed form directly to Daniel Schlegel at Daniel.Schlegel@state.nm.us

Coronavirus Emergency Loans: Small Business Guide and Checklist (Questions you may be asking, and what you need to know.)

Buy for Tomorrow Today Campaign

The Economic Development Department is working on a centralized “Buy for Tomorrow Today” marketing campaign to support local businesses with online sales and encouraging the purchase of gift cards. The department has created a website, https://www.buynmlocal.com/, that will launch publically at the end of next week (3/30/20). The idea is to drive traffic to individual business websites that have a PayPal (or other system) set up to sell gift cards and online sales.   

New Mexico Main Street is supporting this effort and wants to work with Local Executive Directors to identify and help local businesses get their info onto the website. NMMS is also offering support with basic website development and social media set-up for MainStreet businesses that want to participate but currently have little or no online presence. This would include about three to four hours of technical assistance in reviewing existing websites and providing feedback, setting up a new basic web page for those that need it, helping businesses set up a PayPal account, and adding the PayPal account to their website.

Local Businesses

San Juan College Small Business Development Center

The San Juan College Small Business Development Center (SBDC) is available to assist local businesses and manufacturers in San Juan County find access to low-interest loans during the COVID-19 crisis.

The Small Business Development Center is available via phone, email and zoom conferencing. They can be reached at 505-566-3528 or via email at SBDC@sanjuancollege.edu. For statewide information regarding the Disaster Loan Program, visit gonm.biz or nmsbdc.org.

City of Farmington Economic Development Department

Warren Unsicker, director of the City of Farmington’s Economic Development Department, is available to help businesses navigate through the available assistance. Contact him via phone at 505-599-1116 or by email at wunsicker@fmtn.org.

Farmington Convention & Visitors Bureau (FCVB) Resources Offered

The CARES Act, the largest economic relief package in our nation’s history, was signed into law on March 27 and includes major provisions that U.S. Travel Association, with support from the Farmington Convention & Visitors Burea and other tourism organizations, fought for to deliver economic support to travel businesses, travel workers and their families. Please visit our Member & Partner COVID-19 Resources page to connect with the latest AHLA, USTA, NMRA, and SBA resources to help you understand your eligibility for these relief programs. We are making regular updates to this page to ensure it is as comprehensive as possible.  

Let the FCVB Help You

We are assisting people daily, connecting them with where they can shop, order food, and stay. We are asking that all retailers, hotels, and restaurants take a minute to share revised services and hours with us. If you are a local retailer that is now offering online shopping or you are offering special hours for seniors, let us know. We are building a Shopping Guide and need your information.

We have also created a To Go Dining Guide, please share your menu and hours of service with us so we can connect you with those looking for take-out and delivery services.

Make Sure Your Voice is Heard

Small Businesses & Entrepreneurs 

Small Business Call on Congress to Bail Out Main Street 

Main Street America is partnering with Small Business Majority to share our voice as advocates for small businesses, micro-businesses, and entrepreneurs across the country. They are encouraging local businesses to sign-on to amplify the need for immediate, direct support for Main Street-scale businesses through the $2 trillion Federal stimulus package. Share your story with your Congressional Delegates today and help save small business! More info HERE.

Restaurants

Restaurant Dining Bonds

Due to the impact that the coronavirus COVID-19 has had on the restaurant community, a collective of restaurant industry professionals have set a global initiative in motion to get funds into the hands of restaurants NOW, even if they are temporarily closed. More info HERE.

Independent Restaurant Coalition 

The Independent Restaurant Coalition (IRC) was formed to save the local restaurants affected by COVID-19. IRC is founded on the simple belief that there is power to affect legislative change if we unite our voice. More info HERE.  

Tell the Government, Restaurants Need Help

Send the message HERE.

Additional Resources for Restaurants

New Mexico Restaurant Association (NMRA)

Since 1946, the New Mexico Restaurant Association (NMRA) has actively represented and promoted the food service industry in New Mexico. They represent all foodservice outlets in New Mexico with a membership of over 1000 locations statewide. The restaurant industry statistics in New Mexico show that restaurants employ over 82,000 persons and represents over 2 billion dollars in sales annually. View their coronavirus resource page HERE.

Contribute to Economic Impact Data for San Juan County

The New Mexico Tourism Department (NMTD) is looking to collect vital information on the economic impact on the tourism and hospitality industry from COVID-19. This information will help them better understand the economic injury and will direct their efforts to build recovery strategies that work best for New Mexico.

The NMTD is looking for San Juan County businesses within 9 sectors to join their Task Force:    

  • Destination Marketing Organizations    
  • Hotels, Resorts & Lodging
  • Restaurants (Breweries & Bars)    
  • Retail & Galleries   
  • Events & Event Planners   
  • Attractions & Cultural Institutions (Museums, Casinos, Guides & Recreation)   
  • Meetings & Conventions    
  • Airports & Transportation    
  • Tour Operators

In order to understand the trends that shaped this impact, NMTD is hoping to capture this vital information on a weekly basis. Please help us spread the word to businesses and organizations in our community, to help the NMTD understand the economic impact COVID-19 has had on businesses in the Farmington area.

For more information and to participate, click HERE