Small Business Administration – Economic Injury Disaster Loans (EIDL) (federal)
New Mexico is one of the first states to be approved for the SBA’s $50 billion disaster loan assistance program. Disaster loan assistance will be available for businesses in all 33 counties. Press release issued 3/17/20.
Chile Association Members,
Unemployment Insurance Benefits Expand for Covid-19
Eligibility for unemployment benefits extended to workers whose hours are reduced or who are laid off, including due to temporary business closures, because of Covid 19 public health emergency. Under a previously announced emergency provision to the Unemployment Insurance (UI) rules, the work search requirement for affected workers has been waived for up to four weeks by the Department of Workforce Solutions. This allows employees at businesses that close temporarily to access benefits without having to search for new position while they wait for their employers to restart operations. Online by going to the New Mexico Workforce Solutions Connection Online System at www.jobs.state.nm.us by phone at 1-877-664-6984.