Carroll County Accepts Maryland Relief Act of 2021 and Maryland Recovery Now Grant Funding
Westminster, MD, Thursday, April 1, 2021 – Today, the Carroll County Board of Commissioners voted to accept Maryland Relief Act of 2021 funding for Carroll County, involving four (4) new business grants from the State of Maryland including the Maryland Recovery: Nonprofits Carroll County grant. The State of Maryland Relief Act of 2021, passed in February […]
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 […]
Grant Application for Carroll Businesses and Nonprofits Available Soon
For more information: Contact: John T. Lyburn, Director of Economic Development 410-386-2070 Grant Application for Carroll Businesses and Nonprofits Available Soon Westminster, MD, Monday, June 22, 2020 – The Carroll County Board of Commissioners announce Carroll Rebound, a program to be administered by the Carroll County Department of Economic Development, which will provide grants […]
A Quick Guide to Reopening in Maryland
Executive Order on Liquor License Fees: New Executive Order signed by Governor Hogan on June 11th, authorizing suspension of alcoholic beverage license fees. Maryland Together: Maryland’s Recovery Plan for Child Care FAQs for parents, and FAQs for providers, both updated June 10th. Federal Stimulus Program – Economic Impact Payments: IRS portal to check the status of your payment. CDC Guidance on reopening buildings after prolonged […]
Governor Hogan Announces Next Stage Two Reopenings
At yesterday’s press conference, Governor Hogan added safe and phased reopenings through Stage Two of the ‘Maryland Strong: Roadmap to Recovery’ Stage Two will continue to be implemented with a flexible, community-based approach that allows local leaders to allow reopenings at their discretion. Read the Governor’s updated executive order. REOPENINGS EFFECTIVE FRIDAY, JUNE 12 AT 5:00 PM: INDOOR […]
Governor Hogan’s Press Conference, Recovery Plans, and More!
Federal Reserve Expands Terms of Main Street Lending Program: The Main Street Lending Program (which has yet to launch) will provide a total of $600 billion in financing for small and medium-sized businesses, with changes that should make it more accessible to businesses. Loans will be made through participating lenders. The Fed will lower the minimum loan […]
PPP Flexibility Act & The NFIB Webinar Tomorrow
Paycheck Protection Program (PPP) Flexibility Act: President Trump has signed the legislation into law. Read the SBA’s press release summarizing its key provisions. SBA, in consultation with the Treasury, will promptly issue rules and guidance, a modified borrower application form, and a modified loan forgiveness application implementing these legislative amendments to the PPP. Key Provisions: […]
PPP Loan Forgiveness, U.S. Economic Development Admin Funding and More!
Health Considerations and Tools from the Centers for Disease Control for businesses as they reopen. U.S. Chamber Guide to PPP Loan Forgiveness: (updated May 20, 2020) U.S. Chamber of Commerce has released an updated Guide to PPP Loan Forgiveness to help businesses navigate loan forgiveness under the Paycheck Protection Program. U.S. Economic Development Administration Funding: EDA has published a Notice of Funding […]
Health Insurance Resources and Updated FAQ’s for PPL – Update!
Updated FAQs for PPL Lenders and Borrowers. Current as of May 19th, reflecting SBA’s new guidance. Key Information on Health Insurance Under the Affordable Care Act: A Tip sheet on accessing health insurance through the ACA Marketplace for employees who do not receive health benefits through their employer. Health Insurance Marketplace information for businesses impacted by COVID-19. Guidance for employers who provide group insurance through the ACA. […]
Paycheck Protection Plan Loan Forgiveness Guidance and More!
Paycheck Protection Plan Loan Forgiveness Guidance: Application and instructions, including several measures to reduce compliance burdens and simplify the process for borrowers: Key updates: Options for borrowers to calculate payroll costs using an “alternative payroll covered period” that aligns with borrowers’ regular payroll cycles. Flexibility to include eligible payroll and non-payroll expenses paid or incurred […]
