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The City of Trinidad Small Business Loan Program

The City of Trinidad Small Business Loan Program is an affordable, flexible, and friendly loan program available to small businesses and nonprofits located in the City of Trinidad who have been impacted by the COVID-19 pandemic. The intent of these $10,000 loans is to help small businesses survive and rebuild through retaining employees and investing in the future of Trinidad.

Financing is available over twenty-four months (two years) at an interest rate of 0.00%. No repayments of principal are due during the first SIX months of the loan. Monthly payments over the remaining EIGHTEEN months will be $555.56.

The City of Trinidad Small Business Loan Program is open to most Trinidad-based small business and non-profits, with the exception of: marijuana businesses, liquor stores, consumer cooperatives, dealers of rare coins and stamps, businesses that derive more than 10% of annual gross revenue from gambling, racetrack operations, golf courses, cemeteries, Research and Development (R&D) projects that involve technology not commercially available, pyramid sales schemes, real estate investment firms, and firearms dealers.

The City of Trinidad Small Business Loan Program Details:

  • Loans of $10,000 

  • 0% interest rate

  • Two-year terms

  • No repayments of principal due during the first six months

  • Monthly payments of $555,56 for the remaining 18 months

 
 
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Raton Main Street

Technical Assistance Support

New Mexico Main Street offers a wide array of potential services through their branches. Local Raton businesses can apply for up to 8 assistance consultations as a community, through the Main Street program. Areas of expertise include:

  • Design

    • Buildings

    • Committee Development

    • Historic Preservation

    • Landscape Architecture and Urban Design

    • Urban Planning

  • Economic Vitality

    • Business Coaching and Support​

    • Committee Development

    • Community Data Collection & Reporting

    • Creative and Cultural Planning

    • Economic Transformation Strategic Planning

    • Economic Vitality Program Creation & Support

    • Financing  & Support

    • Property Development & Redevelopment

    • Regulatory

The local program, as well as application process is coordinated by Brenda Ferri, bferri@ratonmainstreet.org. Get in touch to discuss the options for joining Raton Main Street and accessing these technical development assistance options.

  • Organization

    • Committee Development​

    • Consultation

    • Planning

    • Resource Development - Funding

    • Resource Development - Volunteers

    • Training

  • Promotion

    • Committee Development​

    • Communications

    • Graphic Design

    • Image Development

    • Retail Activities

    • Special Events

Click here for a detailed list of all assistance items within these categories.