Albuquerque

City of Albuquerque disburses another round of COVID checks to struggling businesses – Albuquerque, New Mexico

Albuquerque, New Mexico 2020-11-21 21:19:24 –

“And now we’re seeing a big chunk, $ 10 million out of a $ 10,000 check to about a thousand companies in the city,” he said.

By the end of this year, the city said it plans to spend more than $ 12 million from the CARES Act to help thousands of companies affected by the coronavirus pandemic.

“In the end, I think we helped about 2,000 people with about $ 2,000 to $ 15 million worth of help,” he said.

Tom Docherty, owner of Lush Cafe, received one of these $ 10,000 grants.

“As I said, this money allows us to keep hiring people, so we stay open for porch, takeaway, and we open our usual hours every day. “I will.” He said.

City officials said they would start taking new applications again on December 7.

Synthia Jaramillo, director of economic development, said he hopes the money will have an immediate impact.

“That’s why we print and hand out checks and schedule the time for companies to come and pick up the checks directly so that we can deposit the checks in turn at the bank,” Jaramillo said. Stated.

However, the grant program may end in December.

“I hope the state and federal governments will start another aid so that they can get out really quickly to those in need,” Keller said.



City of Albuquerque disburses another round of COVID checks to struggling businesses Source link City of Albuquerque disburses another round of COVID checks to struggling businesses

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