by Sharon Niederman RATON — According to Raton director of Economic Development Jessica Barfield, the city has awarded $625,000 of CARES Small Business Grant money to 16 local small businesses. The awards range from $3,000 to $100,000. This money is intended to cover losses incurred by the COVID pandemic.
These losses can include rent or mortgage payments, utilities, insurance, marketing, and non-owner payroll. Thorough documentation of loss is a must.
A second round of grant applications is in process, as the city plans to award the $93,000 remaining from the $718,000 made available from the state of New Mexico. Not-for-profit organizations may be eligible for up to S10,000, and they, along with eligible businesses, are invited to apply for funds. Application deadline is Friday, Nov. 6, 2020.
Applications are available on www.ratonnm.gov and in-person at city hall, 224 Savage Ave. For more information please contact Jessica Barfield at 575-445-5991.