May 18 MD Dept. of Commerce Updates
Westminster, MD
05/18/2020 11:36 AM

MARBIDCO:

Pandemic Adjustment Equipment Grant Fund. To help Maryland’s food and fiber producers, harvesters and primary processors adjust to the business disruptions caused by COVID-19. Applications are due June 10th, or postmarked by June 6th.

New PPP $2 million Safe Harbor Guidance:

Businesses that accepted Paycheck Protection Program (PPP) funds of less than $2 million will be assumed to have performed the required certification concerning the necessity of their loan requests in good faith, according to guidance posted by the U.S. Small Business Administration (SBA) on Wednesday. This guidance can be found in Question 46 of the Treasury/SBA FAQ's.

 
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