CARES Act Paycheck Protection Program

CARES Act Paycheck Protection Program rolls out for Baltimore County small businesses

Posted on by Chris Montcalmo

BALTIMORE, MD—The United States Treasury and the Small Business Administration are offering programs that will assist Baltimore County’s small businesses during the coronavirus pandemic. The new Paycheck Protection Program rolls out on Friday, April 3, 2020. The Coronavirus Aid, Relief, and Economic Security (CARES) Act allocated $350 billion to help small businesses keep workers employed amid the pandemic and economic […]

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Governor Hogan announces Maryland’s official designation for SBA economic injury loans during COVID-19 pandemic

Posted on by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan this week announced that Maryland has received official designation from the U.S. Small Business Administration (SBA) for its Economic Injury Disaster Loan (EIDL) program, which provides low-interest federal disaster loans for small businesses impacted by the COVID-19 pandemic. According to the SBA, the loans will help alleviate financial strain and allow businesses to pay bills, payroll, […]

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