Small Business Owner’s Resources during COVID-19 Crisis

MARYLAND

State and Local Resources for Small Businesses

Maryland COVID-19 Emergency Relief Manufacturing Fund

$5 million incentive program helps Maryland manufacturers to produce personal protective equipment and other items identified as Critical Needs Items by MEMA and DGS

Maryland COVID-19 Emergency Relief Fund Loan (CLOSED)

Loans up to $50,000 for small businesses with less than 50 employees with 0% interest rate for first 12 months. (Program is closed)

Maryland Small Business COVID-19 Emergency Relief Grant Fund

Grants up to $10,000 are avaialble for small businesses and non-profits with less than 50 employees. (Program is closed)

Maryland Small Business COVID-19 Emergency Relief Grant Fund

Small Businesses and nonprofits with fewer than 50 employees and annual revenues less than $5 million are eligible for grants to cover three months of cash operating expenses up to $10,000 from Maryland Department of Commerce

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ADDITIONAL RESOURCES

Economic Injury Disaster Loan & Emergency Grants

Provides low interest loans of up to $2 million and emergency advance of up to $10,000 to small businesses and private non-profits affected by COVID-19 within 3 days of applying for SBA Economic Injury Disaster Loan.

Apply for SBA Loans

Provides low interest loans of up to $2 million and emergency advance of up to $10,000 to small businesses and private non-profits affected by COVID-19 within 3 days of applying for SBA Economic Injury Disaster Loan.

Small Business Debt Relief

Small Business Debt Relief Program provides immediate relief to small businesses with non-disaster SBA loans. This program applies to loans such as 7(a), 504, and microloans.

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