Paycheck Protection Program update
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in…
The U.S. Small Business Administration, in consultation with the U.S. Treasury Department, will re-open the Paycheck Protection Program (PPP) loan portal to PPP-eligible lenders with $1 billion or less in…
Governor Lujan Grisham's state budget plan was released yesterday and includes additional support for covid relief, but as usual, more state spending increases. The governor’s budget is a 3.3 percent…
On December 27, 2020, President Trump signed the Covid relief and government funding bill. The bill enacts the 2nd round of the PPP and a $600 stimulus check to Americans.…
The House voted on Monday to overturn President Trump's veto of the massive annual defense spending bill. The defense bill, known as the National Defense Authorization Act, or NDAA, affirms…
After months of political posturing and stalled negotiations, Congress will be voting today on the long overdue aid package for businesses and individuals struggling with the effects of the pandemic…
In a paradoxical update from the Governor yesterday afternoon, New Mexico received both good and bad Covid-19 news. The Good: New Mexico's 'two week reset' lockdown was successful at driving down…
The New Mexico state legislature approved $100 Million in CARES Act grants for small businesses in New Mexico with priority given to the hospitality and leisure businesses. These small business…
In Monday's afternoon press briefing from the Governor New Mexicans received some clarity on the new system the state will be using to control the spread of the virus while…
In a speedy, single-day special session of the state legislature yesterday, New Mexico lawmakers approving a $330 million package intended to provide financial relief to workers and businesses harmed by the…
Since the outbreak of Covid-19 in NM, small and locally owned business across the state have been forced to close up shop, layoff employees, and pass along their potential profits to large…