Coronavirus (COVID-19) Relief Center
Coronavirus (COVID-19) Relief Center
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New Miexico
These resources – like the public health crisis itself – are constantly evolving and are only current as to the date of publication. This page was last updated on May 14, 2020.
For more up-to-date information on the relief programs available in New Mexico, we recommend that you visit the state’s COVID-19 Resources website.
Description of Program and Relief
New Mexico Small Business Investment Corporation (“NMSBIC”) Low Interest Loans
In connection with the COVID-19 pandemic, the NMSBIC has pledged up to $25 million to its lending partners to assist New Mexico’s small businesses that are impacted by COVID-19. NMSBIC’s lending partners will receive funds from NMSBIC at a discounted interest rate to distribute to businesses based on need. Interest rates will be as low as 3.75% and may be available to impacted businesses for up to 36 months.
Government or Lead Agency
New Mexico Small Business Investment Corporation
Dates Available
Effective immediately for up to 36 months
Eligibility Requirements/Restrictions
Businesses should contact one of NMSBIC’s lending partners: The Loan Fund, DreamSpring, LiftFund, and Homewise, to learn if they qualify.
Application Deadlines (If Applicable)
N/A
Contact for More Information
List of Additional Information
© 2021 Paul, Weiss, Rifkind, Wharton & Garrison LLP. This does not constitute legal advice and does not create an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. Past representations are no guarantee of future outcomes.