COVID-19 Resources

We're working hard to make sure you have the information you need to make smart and informed business decisions during this time. If you'd like to be included on our email distribution list, send an email to tjaramillo@burtcpa.com.

Our team is ready and willing to help guide you through this time and we are always available via email and phone. 

Reach out to us at either of our locations:

Main Office
4101 Indian School Road, NE, Suite 440, Albuquerque, NM 87110
Main Number 505-265-6604
Fax 505-268-9931

Taos Office
630 Paseo Del Pueblo Sur, #175, Taos, NM 87571
Main Number 575-758-3964

Resources

Loan Forgiveness Application and Instructions

Webinar: Cashflow During Crisis: Presentation Slides

Webinar: Cashflow During Crisis

The U.S. Chamber of Commerce provides a resource for small businesses: Everything You Need to Know About SBA Disaster Assistance Loans

For individuals impacted by COVID-19, the state has compiled a comprehensive list of resources ranging from job loss to childcare.

New Mexico Economic Development Department Resources for COVID Response

Internal Revenue Service Coronavirus Updates

Facebook is offering $100 million in cash grants for up to 30,000 eligible small businesses.

COVID-SAFE practices for individuals and employers

COVID Relief Resources
The COVID Cap databse contains over 1,400 listings totaling over $1 trillion in grants, debt, and other cash equivalents.

Coronavirus Relief Fund Q and A
Common questions and answers from the Federal Government regarding the CRF.

Wells Fargo Open for Business Fund
Wells Fargo is donating approximately $400 million in Paycheck Protection Program processing fees through a new program to support small businesses owned by people who have been hit hardest by COVID-19.

The Employee Retention Credit
The Employee Retention Credit is a refundable tax credit against certain employment taxes equal to 50 percent of the qualified wages an eligible employer pays to employees after March 12, 2020, and before January 1, 2021.

GameAbove Capital
GameAbove Capital is a new $50 million private venture fund focused on minority and women-operated businesses engaged in sustainability-related products and services.

EIDL Loans Open for Applications
The SBA is still accepting new Economic Injury Disaster Loan (EIDL) applications to qualified small businesses and agricultural businesses.

Business and Industry CARES Act Program
USDA is making available up to $1 billion in loan guarantees to help rural businesses meet their working capital needs during the coronavirus pandemic.

Emergency Grants

LISC Small Business Relief Grants
Round 5 application period ends Monday, Aug. 3 at 9:59 pm MDT. Grants ranging from $5,000 to $20,000 will be awarded to small businesses facing immediate financial pressure from COVID-19.
Read the FAQ and Apply Here

Red Backpack Fund
The final application round opens Monday, Aug. 3 and closes Aug. 10 at 10:00 pm MDT. Grants of up to $5,000 will be made to women-owned businesses with 1 - 49 employees to help alleviate the immediate needs and support the long-term recovery of those impacted by the pandemic.
Read the FAQ and prepare to apply on August 3.

Albuquerque Outdoor Dining Grant
Restaurants, cafes and breweries that are permitted to serve food and are located in the City of Albuquerque still have time to apply for a grant of up to $10,000 toward expenses to expand outdoor dining.
Read the FAQ and Find the documents here (scroll to Outdoor Dining)

SBA's Economic Injury Disaster Loan is still available, however, the advance (grant) portion of the funding has been depleted.
Read more about the EIDL

SBA's Paycheck Protection Program (PPP) applications must be approved by the SBA by Aug. 8. DreamSpring is a nonprofit lender that is still accepting applications.
Contact DreamSpring

Guides and Tools

Paycheck Protection Loan Application

Borrower Paycheck Protection Program Application (v1)

CARES Act Loan Amount Calculation

PPP -- Overview

PPP Borrower Information Fact Sheet

PPP Lender Information Fact Sheet

Small Business Owner's Guide to the CARES Act

US Chamber of Commerce Coronavirus Emergency Loans Small Business Guide and Checklist

Paycheck Protection Program FAQ