SBA Offers Relief to New Mexico Small Businesses and Private Nonprofits Affected by Drought

The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans to small businesses and private nonprofit (PNP) organizations in New Mexico to offset economic losses caused by drought beginning March 4.

The declaration covers the New Mexico counties of Bernalillo, Catron, Cibola, Guadalupe, Lincoln, McKinley, San Juan, San Miguel, Sandoval, Santa Fe, Socorro, Torrance and Valencia as well as the Arizona county of Apache.