4/6/2020 Update: SBA’s EIDL & PPP Programs

Executive Order re: Evictions and Foreclosures: Governor Hogan issued an executive order on April 3rd that covers both residential and commercial properties. Review the Executive Order here. Key Points re: the SBA’s EIDL and PPP programs: Economic Injury Disaster Loan (EIDL): the up to $10,000 emergency advance is entirely forgivable, but only available if you apply for an EIDL […]

New Information & Guides on Small Business Loans, the CARES Act, and More!

We have another update for you this morning concerning a new $10,000 forgivable loan through the SBA Economic Injury Disaster Loan program. This is an add-on through the CARES Act. Companies that applied for the EIDL before Monday 3.30.20 need to reapply in order to get this add-on because it’s done through the EIDL portal. The application has […]

 Federal Economic Rescue Package And How It Will Impact Small Businesses

These are truly historic times we are living through and we will persevere. Late last night, the Senate voted to pass the largest economic rescue effort in American history and the bill is being sent to the House today. The $2 trillion relief package contains funds to help American workers, families and small businesses. I […]

Inportant Update on SBA Assistance for Small Businesses

The entire state of Maryland has been designated for SBA assistance. If you have a small business that has been affected by the impact of COVID-19, then please refer to the link below to learn more about the assistance you can receive as well as other important updates from the Governor and the State of […]

Coronavirus Update – Bars, Restaurants, etc. Shutdown

Ladies and gentlemen of Carroll County, we sent the following out to all of our newsletter subscribers, so we’re sharing it again here. Governor Hogan and state officials are working to keep the people safe and here at the Carroll County Chamber of Commerce, we’re here to keep the people informed. Stay safe out there!