May 7th - MD Dept. of Commerce Updates
Westminster, MD
05/07/2020 09:38 AM
 

Maryland Stay at Home Order Amended:

Governor Hogan has announced a broadening of the list of permitted outdoor activities to now include individual and small group sports such as golfing, tennis, and similar activities; outdoor fitness instruction; recreational fishing and hunting; recreational boating; and horseback riding. These changes took effect today at 7:00 a.m.  Read the amended executive order here.  

 

Updated guidance on outdoor recreation.

Guidance on reopening golf courses.

Guidance on reopening marinas.

 

Important Updates Regarding PPP Loan Forgiveness Calculations and Return of Loan Proceeds:  On May 6th, SBA and Treasury published revised FAQ for the CARES Act and the Paycheck Protection Program. This new guidance clarifies PPP loan forgiveness amount calculations and extends the deadline for PPP borrowers to return loan proceeds. 

 

COVID-19-Related Tax Credits for Required Paid Leave Provided by Small and Midsize Businesses:  FAQs from the Internal Revenue Service here.

 

Updated Maryland SBDC COVID Small Business Survival Guide:

Review the guide, updated on May 4th.

 
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