Albuquerque, NM (KKOB) –There are various resources available for Ruidoso residents in need of financial assistance due to flooding. The Small Business Administration can provide low-interest loans of up to $500,000 for homeowners, plus an additional $100,000 for loss of personal property. Renters can also qualify for the $100,000 personal property loan. Applications for the loans can be made at the Ruidoso disaster resource center, or can be filed at lending.sba.gov. Other entities available for help include T the Federal Emergency Management Agency, the Red Cross and the State of New Mexico – all of which are stationed at the disaster resource center as well.
