SBA Archives - Nottingham MD

Baltimore County businessman pleads guilty to fraudulently obtaining over $1.3 million in COVID-19 CARES Act loans

Posted on October 9, 2024 by Chris Montcalmo

BALTIMORE, MD—A Baltimore County businessman has admitted to using more than $1.3 million in Paycheck Protection Program loans to purchase a Mercedes-Benz and make extensive home renovations, federal authorities announced. David Epstein, 46, of Owings Mills, pleaded guilty to one count of wire fraud after submitting fraudulent CARES Act loan applications, according to the U.S. Attorney’s Office in Maryland. The […]

SBA Business Recovery Centers open in Baltimore area following Key Bridge collapse

Posted on April 1, 2024 by Chris Montcalmo

BALTIMORE, MD—On Monday, the U.S. Small Business Administration will begin to operate Business Recovery Centers to assist business owners in completing disaster loan applications, accept documents for existing applications, and provide status updates on loan applications in response to the collapse of the Francis Scott Key Bridge. These Centers will operate as indicated below until further notice. BALTIMORE COUNTY Opening: […]

Baltimore County man, woman plead guilty to fraudulently obtaining over $300,000 in COVID-19 CARES Act loans

Posted on January 14, 2024 by Chris Montcalmo

BALTIMORE, MD—A Baltimore County man and woman have pleaded guilty to fraudulently obtaining more than $300,000 in federal COVID-19 CARES Act loans. Theodore Mouzon, 42, of Pikesville, has pleaded guilty to conspiracy to commit wire fraud, relating to the submission of fraudulent CARES Act loan applications. Co-defendant Yannice Nunez, 34, of Baltimore County, pleaded guilty to the same charge on […]

Shop local on Small Business Saturday in the Nottingham area

Posted on November 26, 2022 by Chris Montcalmo

NOTTINGHAM, MD—Saturday, November 26, 2022 is Small Business Saturday – a day to celebrate and support small businesses and all they do for their communities. Founded by American Express in 2010 and officially co-sponsored by SBA since 2011, Small Business Saturday has become an important part of small businesses’ busiest shopping season. Historically, reported projected spending among U.S. consumers who […]

Governor Hogan announces $4 million in aid for Tropical Depression Ida relief

Posted on October 15, 2021 by Chris Montcalmo

UPDATE: The Small Business Administration has approved a disaster declaration for areas affected by Tropical Depression Ida. Original story below… —— ANNAPOLIS, MD—Governor Larry Hogan on Friday announced that the State of Maryland is making $4 million in funding available to assist residents and businesses affected by Tropical Depression Ida. In addition, the governor has requested a disaster declaration from […]

Frosh joins coalition urging Congress to strengthen Paycheck Protection Program

Posted on May 6, 2020 by Chris Montcalmo

NOTTINGHAM, MD—Maryland Attorney General Brian E. Frosh on Wednesday joined a coalition of 23 state attorneys general in calling for key changes to the Paycheck Protection Program (PPP) to ensure that funds are distributed fairly and equitably. In a letter sent to Congressional leadership, the attorneys general express concern that the program, while helping some small businesses and their employees, […]

SBA lenders to begin taking applications for 2nd round of Paycheck Protection Program funding on Monday

Posted on April 26, 2020 by Chris Montcalmo

NOTTINGHAM, MD—On Monday, SBA lenders will begin taking applications again for the second round of funding for the Paycheck Protection Program. Baltimore County officials say funding will be very limited so business owners should be prepared to submit their applications first thing on Monday morning. The first round of PPP funding was exhausted in less than two week. This second […]

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