Carroll County Restaurant Relief II Now Available!!!

Carroll County Restaurant Relief II Now Available!!! Carroll County Restaurant Relief II: Carroll County Restaurant Relief II grant applications are now being accepted on a first-come, first-served basis through Monday, February 1, 2021 at 4:00pm (or funding is expended). Restaurants must be established in Carroll County prior to March 1, 2020, be open and operating in a commercial/industrial […]

Press Conference Today & COVID Economic Relief Update

Press Conference Today: Governor Hogan will hold a press conference today at 11:00 am to make a major announcement regarding COVID-19 economic relief. Watch on Twitter, Facebook, or YouTube. SBA and Treasury Announce PPP Re-Opening; Issue New Guidance: The Paycheck Protection Program (PPP) will re-open this week for new borrowers and certain existing PPP borrowers. To promote access to […]

Tax Filing Deadline Extensions & New SBA Guidelines

Extension of  State Tax Filing and Payment Deadlines: Comptroller Franchot has announced that his agency has extended filing and payment deadlines for certain Maryland business taxes and quarterly estimated income tax returns and payments that would be due in January, February and March 2021 until April 15, 2021. No interest or penalties will be assessed and there […]

Carroll County Restaurant Relief II to open January 11th

Westminster, MD, Thursday, January 7, 2021 – Today, the Carroll County Board of Commissioners authorized the Department of Economic Development to establish a new restaurant grant, Carroll County Restaurant Relief II, with $720,900 of additional funding received from the state. Eligible restaurants can submit applications online at www.carrollbiz.org beginning Monday, January 11th at 12:00 noon. Carroll County service organizations […]

Comptroller Franchot Announces Forbearance for Business Tax Returns and Payments

Extension also provided for withholding and estimated income tax filings and payments ANNAPOLIS, Md. (January 6, 2021) – Comptroller Peter Franchot today announced that his agency has extended filing and payment deadlines for certain Maryland business taxes and quarterly estimated income tax returns and payments that would be due in January, February and March 2021 until […]

SBA Extends COVID-19 Economic Injury Disaster Loan (EIDL) Application Deadline

Under the provisions of the recently passed COVID-19 relief bill, the nation-wide pandemic disaster declaration has been extended to December 31, 2021, making EIDL available to borrowers through this year. Loans may be used for working capital, and operating expenses (i.e. continuation of health care benefits, rent, utilities, and fixed debt payments). Collateral is required for loans […]

More Than $154 Million Available to Help Marylanders With Energy and Utility Bills

More Than $154 Million Available to Help Marylanders With Energy and Utility Bills State Programs Can Assist With Current and Past Due Bills ANNAPOLIS, MD—Governor Larry Hogan today announced that more than $154 million is available in energy assistance funds to help cover heating, electric, and gas utility bills, representing an approximately 40% increase from […]

Changes to PPP Program, A Second Draw, and More

As part of the new pandemic relief package, Congress has passed several changes to the Paycheck Protection Program (PPP). Congress has also made changes to other programs, including Economic Injury Disaster Loans (EIDL Program) and the Employee Retention Tax Credit. Payroll Protection Program (PPP) Changes: Loans for first-time borrowers are again available, and Congress has created […]