May 5th MD Dept. of Commerce Updates
05/05/2020 11:00 AM

SBA EIDL Reopens for Agriculture Businesses:

The SBA is accepting new EIDL and EIDL Advance Applications only for U.S. agricultural businesses. These include businesses engaged in the production of food and fiber, ranching, raising of livestock, aquaculture, and all other farming and agricultural-related industries as defined by Section 18(b) of the Small Business Act.

For other businesses, the SBA stopped accepting new applications on April 15 and will be processing those applications on a first-come, first-served basis.

For agricultural businesses that submitted an EIDL application through the streamlined application portal before the legislative change, the SBA will process these applications without the need to reapply.

Tracking PPP Expenses: Quickbooks tutorial on tracking loan spending to ensure you qualify for forgiveness under the Paycheck Protection Program.

Maryland Restaurant Relief Fund:

OLD BAY, McCormick for Chefs, and CORECares Foundation are offering grants valued at up to $2,500 to Maryland restaurants impacted by COVID-19. More information here.

Maryland Tech Council Collaboration and Response to COVID19:

Use this form to share supplies and services that you need and what you can provide. MTC will make introductions.

Powered By CC-Assist.NET