Contact Info for Sandoval County Economic Development Director
Dora Dominguez
Phone: 505-867-8687
Email: ddominguez@sandovalcountynm.gov


A Guide to COVID-19 and Your Finances: Click Here for What You Need to Know

COVID Recovery Tools:

Paycheck Protection Program Loan Forgiveness Application. Click here

TWO NEW LOAN PROGRAMS ARE AVAILABLE TO BUSINESSES IMPACTED BY COVID-19. Click here for info

EDD -COVID-19 Business Finance Resources.  Click here to read

Updated 05/26/2020 - 10:25 a.m. MST

New Mexico Business Owners Helping Business Owners

Click here for more info

N.M. small businesses urged to apply quickly for federal stimulus loans

New Mexico small businesses in financial distress due to the coronavirus crisis are encouraged to apply as soon as possible for loans made available under the federal stimulus bill. Click here to read more

NM Economic Development Department provides personal service to businesses through help line

The New Mexico Economic Development Department (EDD) is assisting businesses with financing options so they can maintain operations as part of an effort by Gov. Michelle Lujan Grisham to respond aggressively to the economic dislocations caused by the unprecedented COVID-19 public health emergency. Click here to read more

COVID-19 Economic Response

Economic Rapid Response Task Force
The New Mexico Tourism Department forged a cross-agency collaborative in partnership with the Office of Governor Michelle Lujan Grisham, the Economic Development Department, and the Department of Workforce Solutions to respond to the New Mexico business community during this challenging time.
Click here to read more.


NMEDD COVID-19 Business Loan Guarantee

The New Mexico Economic Development Department (EDD) has created a program to assist businesses seeking emergency loans or lines of credit to deal with negative economic impacts from COVID-19.

EDD can guarantee a portion of a loan or line of credit up to 80% of principal or $50,000 for up to 2 years. Loan proceeds are flexible and can be used for (and not limited to) the following: working capital, inventory and payroll.

Register now for this information session and to be apprised of recent updates to the program.


Additional Resources

PNM Good Neighbor Fund

PNM Good Neighbor Fund steps up to help pay electric bills due to reduction in household incomes from COVID-19

PNM announced it would help pay electric bills for New Mexico customers who now finds their household suddenly falls into a low-income status after their employer cut their hours or closed the doors due to COVID-19.

The PNM Good Neighbor Fund is now paying up to one-hundred-fifty dollars toward PNM electric bills for low-income families through April 30 by calling the PNM Good Neighbor Fund provider at 505-967-8045.

“People who normally do not qualify for low income assistance are suddenly finding themselves scrambling for help with their bills after the state’s stay-at-home order was implemented to slow the spread of coronavirus and businesses were faced with tough decisions that affected their employees income,” said Maddie Martinez-Vega, PNM low income program manager. “In this time of uncertainty though, New Mexicans have always risen to meet every challenge and we want people to know that they can lean on PNM when they need help.”

For more information on the PNM Good Neighbor Fund, visit PNM.com/community, or to learn more about what PNM is doing, visit PNM.com/preparedness.

Kristin McLoughlin
PNM Resources | Local Govt. & Community Relations Mgr.
[C] 808.298.6686 [O] 505.241.2763