SBA Opens Business Recovery Center in Ruidoso to Support Local Recovery

RUIDOSO, NM (July 29, 2025) — In the wake of recent severe storms, flooding, and landslides, the U.S. Small Business Administration (SBA) has opened a Business Recovery Center (BRC) in Ruidoso to assist those impacted in Lincoln County.

The center, located at Eastern New Mexico University (ENMU) – Ruidoso at 709 Mechem Drive, is staffed with SBA customer service representatives ready to help business owners, nonprofit organizations, homeowners, and renters navigate the disaster loan application process. Walk-ins are welcome, and appointments can be scheduled in advance at appointment.sba.gov.

Business Recovery Center Hours:

  • Monday–Friday: 9 a.m. – 6 p.m.

  • Saturday: 9 a.m. – 1 p.m.

  • Opens at noon on Tuesday, July 29

“SBA’s Business Recovery Centers have consistently proven their value to business owners following a disaster,” said Chris Stallings, associate administrator of the SBA Office of Disaster Recovery and Resilience. “These centers provide face-to-face guidance and critical resources to support recovery efforts.”

SBA disaster loans are available for:

  • Businesses and nonprofits: Up to $2 million for physical damage and economic injury

  • Small businesses and PNPs: Economic Injury Disaster Loans (EIDL) for lost revenue and operating expenses

  • Homeowners: Up to $500,000 for primary residence repair/replacement

  • Renters and homeowners: Up to $100,000 for personal property

Interest rates are as low as 4% for small businesses, 3.625% for nonprofits, and 2.813% for homeowners and renters, with terms of up to 30 years. No payments are due and no interest accrues for the first 12 months following disbursement.

Application Deadlines:

  • Physical damage loans: September 22, 2025

  • Economic injury loans: April 22, 2026

To apply online or learn more, visit sba.gov/disaster, call (800) 659-2955, or email disastercustomerservice@sba.gov. Telecommunications relay services are available at 7-1-1.

The Village of Ruidoso encourages affected residents and business owners to take advantage of this vital resource as our community continues to recover and rebuild.

Document(s): U.S. SMALL BUSINESS ADMINISTRATION FACT SHEET - DISASTER LOANS NEW MEXICO Declaration #21202 & #21203 (Disaster: NM-20017)

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