December 27, 2020, the President signed the Covid relief and government funding bill. The bill enacts the 2nd round of the PPP and a $600 stimulus check to Americans. As part of a $900 billion relief bill, Congress approved more than $284 billion in new PPP funding and extends the program through March 21, 2021. Once the SBA revises the program guidelines, PPP will re-open to existing and new borrowers. Its anticipated that the SBA will have the program open for PPP applications within 10 days.
Read more about the Paycheck Protection Program
Tribal Relief COVID-19 Funding. Click here to read more
City of Rio Rancho COVID-19 Economic Recovery Information Hub. Click here to read more.
A list of resources provided by the Regional Rio Rancho Chamber of Commerce. Click here to read list.
COVID-19 Information and Resources for Businesses. Click here for more information
Anyone wishing to engage in business within the unincorporated areas of Sandoval County must file a registration form with the Sandoval County Clerk’s Office and obtain a valid business license. Click here for more information.
Small Business Development Centers
The New Mexico SBDC’s provide small business assistance with planning, marketing, financing, small business start-up, entrepreneur training, and other specialized areas to help grow and strengthen businesses in New Mexico.
Whether you have an established business or want to start a new one, you can obtain no-cost confidential assistance in these areas:
- Business Expansion
- Business Start-up
- Business Plan Development
- Accounting / Bookkeeping
- Tax & Legal Resources
- Human Resource Issues
- Government Contracting
- International Trade
- Buying and Selling a Business