City of Portales Local Small Business COVID-19 Relief Program
PORTALES (KSEL)- The City of Portales in conjunction with Roosevelt County Community Development Corporation is sponsoring a new Local Small Business COVID-19 Relief Program to assist local businesses that have been negatively impacted by the COVID-19 pandemic per a press release from the city.
This program is funded through Economic Development gross receipts tax collections by the City.
Total grant funds available are $400,000, and awards will be made based upon funds availability and business eligibility. Eligible businesses that apply may only receive a conditional grant for a portion of their request depending upon the number of and dollar amount of requests. This assistance is only intended to provide businesses with immediate, short-term cash flow assistance for the days from March 17 – May 15.
These funds will not be used to pay debts incurred prior to the March 17 public health order.
Applications are available on the City of Portales’s website at:
https://www.portalesnm.gov/egov/apps/document/center.egov?view=item;id=1368.
Applications will only be accepted electronically. Completed applications and required documentation must be submitted in full to no later than 12:00 pm Friday, May 22.
Conditional Grant award notifications will be made beginning June 3.
