Businesses in New Mexico
counties eligible for drought help
US News and World Report
The Associated Press
Businesses in five southern New Mexico counties are now eligible for
low-interest federal disaster loans to help offset losses caused by a drought
that began earlier this year. The U.S. Small Business Administration
announced the loans Tuesday, saying the focus is the economic effects on
businesses dependent on farmers and ranchers that have suffered production
losses due to the dry conditions. Eligibility is based on financial effects
of the disaster and not on property damage. Businesses in Dona Ana, Grant,
Hidalgo, Luna and Sierra counties have until March 2019 to apply.
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