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CARES Act Relief Funds – Small Business Application Instructions
STATE OF NEW MEXICO SMALL BUSINESS CONITNUITY GRANT
APPLICATION PERIOD OPENS ________________, 2020 AND CLOSES _______________, 2020
A maximum of $10,000.00 may be approved per application. The city has been allocated up to a
total of $117,150 for Small Business Grants so funds are limited.
The CARES Act provides that payments from the Fund may only be used to cover costs that—
1. Are necessary expenditures incurred due to the public health emergency with respect to the
Coronavirus Disease 2019 (COVID–19);
2. Were not accounted for in the budget most recently approved as of March 27, 2020 (the date of
enactment of the CARES Act) for the State or government; and
3. Were incurred during the period that begins on March 1, 2020, and ends on December 30, 2020.
The State of New Mexico is providing Coronavirus Aid Relief funds to reimburse costs for expense due
to COVID-19.
***IMPORTANT: PLEASE READ ALL OF THE CORONAVIRUS RELIEF FUND GUIDANCE FOR
STATE, TERRITORIAL, LOCAL, AND TRIBAL GOVERNMENTS INFORMATION.
APPLICATIONS ARE FINAL UPON SUBMISSION INCLUDING ADDITIONAL INFORMATION
AND DOCUMENTS LISTED BELOW.
Who can apply?
• This grant is available to qualifying small businesses with 50 or fewer full-time equivalent
employees in Belen, New Mexico
as long as funding remains for the program. The grant
proceeds must be spent on eligible “business continuity” expenses. In addition, you may
qualify for additional funding for “business redesign” expenses necessary to adopt COVID Safe
Practices, and eligible expenses for both portions of this grant program outlined below.
• To be eligible, your company must be headquartered in Belen, New Mexico and either have been
forced to close or severely curtail business operations as a result of closure orders from the state
and have an annual revenue of $2 million or less prior to the impact of COVID-19. The business
must have also had a start date of March 1, 2019 or prior.
Who is not eligible to apply?
• Businesses headquartered outside of Belen, New Mexico
• Businesses exceeding 50 full-time equivalent employees
• Businesses with annual revenue exceeding $2 million
• Businesses that started after March 1, 2019
• Businesses that were not forced to close or did not have severely curtailed business operations
as a result of closure orders from the state
What documents are required?
• Completed application form and required supportive documents
submitted to the contact email address below or hand delivered at
Belen City Hall.
All required documentation is listed below: