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 […]
$900 Billion Dollars of Federal Pandemic Relief was Passed Last Night
Summary of the $900 billion federal pandemic relief package passed last night: One-Time $600 Direct Stimulus Checks to Individuals: Payments start phasing out for individuals with adjusted gross incomes of more than $75,000. Those making more than $99,000 would not receive anything. The income thresholds would be doubled for couples. Amounts will be based on 2019 […]
Join Senator Ben Cardin for a Review of the Relief Bill on 12/23/2020
Please join me this Wednesday, December 23, 2020 at 10 AM for a discussion on the Impact of the COVID-19 Relief Package on the Small Business Community. Please RSVP to Events@cardin.senate.gov by Tuesday at 2 PM. The call-in details will be sent after your RSVP is received.
$180 Million in Economic Relief and Travel Advisories for the Holidays
At yesterday’s press conference, Governor Hogan announced new travel orders and $180 million in new economic relief. Home for the Holidays Orders and Advisories: New Public Health Advisory to Limit Gatherings to 10 People or Fewer: The Maryland Department of Health issued a public health advisory warning Marylanders against all non-essential activities and holiday gatherings with […]
Emergency Economic Relief from Governor Hogan
The State of Maryland has already announced $500 million in emergency economic relief. While stimulus negotiations in Congress remain gridlocked, the Governor announced the following additional measures to help Marylanders weather this crisis: Emergency Tax Relief: The Governor has issued an executive order to prevent small businesses from facing major increases in their unemployment taxes. An […]
Carroll County Restaurant Relief Last Chance to apply!!!
Carroll County Restaurant Relief Carroll County Restaurant Relief grant applications will continue to be accepted on a first-come, first-served basis until noon on Tuesday, December 8, 2020. Restaurants must be established in Carroll County as of March 1, 2020, be open and operating in a commercial/industrial zone and be in good standing with the State of Maryland and […]
Carroll Rebound II – Accepting Applications Today!
Applications Accepted TODAY beginning at Noon On Thursday, November 19, 2020 the Carroll County Board of Commissioners authorized the Department of Economic Development to expand the county’s current business assistance grant programs. Both programs will begin to accept grant applications for these new businesses TODAY, Monday, November 23rd at 12:00 noon. Carroll Rebound II – Retail […]
COVID-19 Update – New Orders Taking Effect 11/20 at 5pm
In yesterday’s press conference, Governor Hogan announced an emergency order, taking effect on Friday, November 20th, at 5:00 pm, for the following mandates: 10:00 PM CLOSURE FOR BARS AND RESTAURANTS STATEWIDE. All bars, restaurants, and venues serving food and alcohol must close between 10:00 p.m. and 6:00 a.m. except for the purposes of carryout and delivery. LIMITED CAPACITY […]
