SANTA FE, N.M. (WR) — State finance officers began accepting purposes Wednesday for low-interest loans which are designed to assist small companies endure the monetary stress of the coronavirus pandemic.

Laws accepted in June units apart as much as $400 million in state belief funds for loans to particular person companies of as much as $75,000 every.

Eligibility is proscribed to companies with lower than $5 million in annual income. Candidates additionally should present a 30% decline in month-to-month income in April and Might versus a 12 months in the past.

Gov. Michelle Lujan Grisham referred to as the mortgage program a cornerstone of the state’s response to the financial disaster. The New Mexico Finance Authority administers the new mortgage program.

In different information, Albuquerque zoo amenities will partially reopen subsequent week to guests sporting face masks or different face coverings after being closed for months because of the coronavirus pandemic.

Outside exhibitis of the ABQ BioPark Zoo will reopen Aug. 12 however indoor amenities such because the reptile and crocodile buildings will stay closed to the general public, Mayor Tim Keller introduced in an announcement.

Excessive-touch sights such because the carousel and trains is not going to function and every day public feedings and exhibits that draw crowds stay canceled briefly.

Present statewide well being orders prohibit indoor restaurant service, require face masks in public, ban public gatherings of greater than 4 individuals and have droop classroom attendance at public colleges till at the very least early September.

The seven-day rolling common of every day new COVID-19 instances in New Mexico has declined barely over the previous two weeks, going from 275 new instances per day on July 21 to 233 new instances per day on Aug. 4, in keeping with an evaluation by The Related Press of knowledge collected by Johns Hopkins College Middle for Techniques Science and Engineering. Evaluating seven-day averages of latest instances smooths out anomalies within the knowledge, together with delays in take a look at outcomes.

The variety of infections is regarded as far greater as a result of many individuals haven’t been examined, and research recommend individuals could be contaminated with the virus with out feeling sick.

For most individuals, the brand new coronavirus causes delicate or reasonable signs, resembling fever and cough that clear up in two to a few weeks. For some, particularly older adults and other people with current well being issues, it could trigger extra extreme sickness, together with pneumonia and loss of life.