The town of Roswell has accepted COVID-19 reduction grants to 79 native companies.
“We’ve already processed all of the checks,” stated Administrative Companies Director Juan Fuentes. “What we might be doing on Monday is asking all the companies in order that they will come into Metropolis Corridor as a result of what we want is for them additionally to signal the settlement between the town and the enterprise.”
Whereas the town prefers for enterprise representatives to come back in particular person, Fuentes stated, the settlement might be mailed if essential.
The quantity awarded was about $1.29 million. Recipients acquired a mean of 67% of the quantity that they had requested, Fuentes stated. The whole quantity companies requested for to cowl COVID-related bills or losses was $1.91 million.
Eighty companies had utilized for the grants, however Fuentes stated that one enterprise didn’t submit the required documentation.
Help Native Journalism
Subscribe to the Roswell Every day Report immediately.
The funds come from a portion of the cash the state acquired from the federal Coronavirus Assist, Reduction and Financial Safety Act. The state authorities was allotted $1.25 billion from the help package deal after it handed Congress in March.
In late July, Gov. Michelle Lujan Grisham introduced that it might give $28 million to tribal governments and $150 million to native governments. Of the $150 million in support for counties and municipalities, $50 million was to be reserved for Small Enterprise Continuity Grants or Small Enterprise Redesign Grants.
Continuity grants cowl such typical enterprise bills as payroll, utilities, hire or mortgage, and insurance coverage. Redesign grants cowl bills incurred to function in keeping with COVID-safe practices. For instance, the cash may pay for plexiglass obstacles or the acquisition of expertise to conduct enterprise on-line.
The town of Roswell had requested the state for $12.7 million for its personal prices and $2.8 million for enterprise grants. It was awarded $5.56 million for metropolis bills and losses and $1.35 million for small companies.
Fuentes stated the $62,000 or so of the town enterprise allocation not disbursed might be used to cowl metropolis administrative and employees prices.
The town doc names the 79 grant recipients, and so they embrace a large swath of the Roswell group, exhibiting that the majority industries have suffered financial losses or bills because of the pandemic.
These receiving cash included hair salons; flower outlets; eating places; lodges; information and media companies; medical, dental and veterinarian workplaces; auto restore outlets and transportation companies; laundries; leisure venues; sports activities, dance and health facilities; and nonprofit group organizations.
Chaves County additionally acquired CARES funding, $337,750 for county bills and $537,500 for small companies. It had requested $2 million, which county employees have stated was supposed for small enterprise grants solely. As an alternative the state made two awards to Chaves County, one for native authorities bills and the opposite for enterprise grants.
Invoice Williams, Chaves County Public Companies director, stated the county has contacted about 40 companies outdoors the town limits concerning the accessible funding and has heard again from about 25 to date. It has set a deadline of Nov. 13 for the grant functions.
Senior Author Lisa Dunlap might be reached at 575-622-7710, ext. 351, or at firstname.lastname@example.org.