28 Dec COVID19 updates from the Maryland Dept. of Commerce
January 08, 2021
Paycheck Protection Program Reopens January 11: On January 8, 2021, the U.S. Small Business Administration, in consultation with the Department of Treasury, announced that the Paycheck Protection Program (PPP) will re-open the week of January 11, 2021 for new borrowers and some existing PPP borrowers. The initial wave of loans issued on Monday, January 11, and Wednesday, January 13, will only be available to community financial institutions, but the PPP will open up to all eligible lenders shortly after.
- PPP borrowers can set their loan’s covered period to be any length between 8 and 24 weeks.
- PPP loans will cover additional expenses, including operations, property damage, supplier costs, and worker protection expenditures;
- The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, and direct marketing organizations, among other types of organizations;
- The PPP provides greater flexibility for seasonal employees;
- Certain existing PPP borrowers can request to modify their First Draw PPP Loan amount; and
- Certain existing PPP borrowers are now eligible to apply for a Second Draw PPP Loan.
SBA has provided information for small business owners looking for a PPP loan, which can be found here. Additional information from SBA and the Department of the Treasury can be found at the below links.
Extension of State Tax Filing and Payment Deadlines: Comptroller Franchot has announced that his agency has extended filing and payment deadlines for certain Maryland business taxes and quarterly estimated income tax returns and payments that would be due in January, February and March 2021 until April 15, 2021. No interest or penalties will be assessed and there is no need to file a request for extension.
These extensions apply only to tax filings under the authority of the Comptroller of Maryland. Taxpayers may need to consult other state agencies regarding the deadlines for other tax filings, such as personal property or unemployment insurance. For full details on the extensions, go here.
January 05, 2021
SBA Extends COVID-19 Economic Injury Disaster Loan (EIDL) Application Deadline: Under the provisions of the recently passed COVID-19 relief bill, the nation-wide pandemic disaster declaration has been extended to December 31, 2021, making EIDL available to borrowers through this year. Loans may be used for working capital, and operating expenses (i.e. continuation of health care benefits, rent, utilities, and fixed debt payments). Collateral is required for loans over $25,000.
EIDL loan applications will continue to be accepted through December 2021, pending availability of funds. Loans are available at 3.75% for small businesses and 2.75% for nonprofit organizations, with a 30-year term and automatic deferment of one year before repayment begins. Apply here. (The new law also reopens the EIDL grant; the SBA’s website has not been updated.)
New Special Health Coverage Enrollment Period: Governor Larry Hogan announced a new special enrollment period in which all uninsured Maryland residents have the opportunity to enroll in health coverage now due to the ongoing COVID-19 pandemic and the recent rise in the positivity rate throughout the state. The enrollment period begins immediately and will run until March 15.
Health coverage through Maryland Health Connection, including private health plans and Medicaid, covers costs for coronavirus tests at doctor’s offices, urgent care centers, or emergency rooms. Individuals can enroll now through Monday, March 15. Coverage dates are based on enrollment:
- Enroll Jan. 4–Jan. 15, coverage starts Jan. 1.
- Enroll Jan. 16–Feb. 15, coverage starts Feb. 1.
- Enroll Feb. 16–March 15, coverage starts March 1.
January 04, 2021
Governor Hogan will hold a press conference tomorrow, January 5th, at 5:00 pm to provide an update on COVID-19 vaccine distribution: The press conference may be streamed on Facebook, Twitter, and YouTube.
Community Development and Housing Provisions – COVID-19 Economic Relief bill: $25 billion for past and future rent and utility payments. Assistance can be provided for 12 months. States and localities can add three months of assistance. Cities and states can make payments directly to landlords or utility companies on behalf of renters. If a landlord refuses to accept the rental assistance, cities and states can give assistance directly to the renter, who can then make payments to the landlord or utility provider.
Extends the CDC eviction moratorium until January 31, 2021.
Extends the deadline to December 31, 2021 for funds in the CARES Act through the Coronavirus Relief Fund.
Capital Investments: Establishes a $9 billion Emergency Capital Investment Program (ECIP), administered by the Treasury Department, to provide low-cost, long-term capital investments to minority depository institutions (MDIs) and Community Development Financial Institutions (CDFIs) that are depository institutions. Provides $3 billion to the CDFI Fund for grants and other financial assistance to CDFIs, including CDFI loan funds.
Internet Access: $7 billion to help lower-income Americans connect to the internet and pay their monthly internet bills and about $3 billion for monthly rebates on internet bills, providing up to $50 per month for low-income families. The bill will also focus on longer term efforts to support internet access, such as allocating funding to determine which regions lack access to high speed internet and improving infrastructure.
December 23, 2020
As part of the new pandemic relief package, Congress has passed several changes to the Paycheck Protection Program (PPP). Congress has also made changes to other programs, including Economic Injury Disaster Loans (EIDL Program) and the Employee Retention Tax Credit.
Payroll Protection Program (PPP) Changes: Loans for first time borrowers are again available, and Congress has created a “Second Draw” PPP for small businesses that have exhausted their initial loan.
PPP “Second Draw” Program: The brand new “Second Draw” program is for small businesses, non-profits, sole proprietors, and independent contractors who have exhausted their initial PPP loan. The program will make new loans through March 31, 2021 or until the new funding is exhausted.
Companies are eligible for a Second Draw if they have exhausted their first PPP loan and AND have less than 300 employees, AND have experienced a greater than 25% reduction in gross receipts during the first, second, third, or fourth quarter in 2020 relative to the same quarter in 2019. Entities with significant ties to China are ineligible for a second draw loan.
A loan may not exceed $2 million.
New (first time) PPP Loans: For new PPP applicants, the loan process will largely remain the same with a few major changes:
The PPP program is open through March 31, 2021 or until the new funding is exhausted.
Enterprises that are a 501(c)(6), a local news media organization, or a housing cooperative may be newly eligible for a loan. A business may qualify even if it took advantage of the Employee Retention Tax Credit. Publicly traded companies are now prohibited from receiving a loan. The maximum loan amount is now $2 million.
Expanded List of Expenses Qualifying for Forgiveness: The list of expenses that PPP funds can be used for that qualify for loan forgiveness has been expanded to include operations expenses, supplier costs, and worker protection expenses. It is still the case that not more than 40% of the forgiven amount can be for non-payroll costs.The new law also provides that regular business expenses paid for with PPP loan proceeds shall be deductible for tax purposes (applies to past and future loans).
Additional Loan Forgiveness Provisions: If you also received an EIDL grant, your PPP loan forgiveness will no longer be reduced by the amount of the grant. The period for which expenses count toward loan forgiveness will begin on the date of loan origination and end on a date of your choosing that is between 8 and 24 weeks after origination. If your loan was for less than $150,000, there will be a simplified one-page application process for loan forgiveness.
EIDL Grants: The new law reopens the $10,000 EIDL Grant program. Priority for the full amount of the EIDL grant will be given to small businesses with less than 300 employees, located in low-income neighborhoods, who have experienced a 30% reduction in gross receipts during any 8-week period between March 2, and December 31, 2020 compared to a comparable 8-week period before March 2.
Expanded Employee Retention Tax Credit: The new law significantly expands the employee retention tax credit beginning on January 1, 2021. The new credit is 70% on $10,000 in wages per quarter (or a maximum $14,000 per employee through June 30th).
The new law also expands which employers are eligible. Eligibility now includes employers who experienced a decline in gross receipts of more than 20% in a quarter compared to the same quarter in 2019. Employers with 500 or fewer employees can now claim the credit for wages paid to employees regardless of whether the employee is providing services. Employers can now also receive both the Employee Retention Tax Credit and a PPP loan, just not to cover the same payroll expenses. The credit expires on June 30, 2021.
SBA Loan Debt Forgiveness: The new law resumes the government payment of monthly principal and interest on small business loans guaranteed by the SBA under the 7(a), 504, and Microloan programs. Borrowers with loans approved by the SBA prior to the CARES Act will receive an additional three months of payments beginning in February of 2021. Those payments will be capped at $9,000 per borrower per month.
December 22, 2020
Summary of the $900 billion federal pandemic relief package passed last night:
One-Time $600 Direct Stimulus Checks to Individuals: Payments start phasing out for individuals with adjusted gross incomes of more than $75,000. Those making more than $99,000 would not receive anything. The income thresholds would be doubled for couples.
Amounts will be based on 2019 incomes. Those who filed their 2019 tax returns will receive their money automatically, as well as Social Security recipients and those who uploaded their bank account information using the IRS’s online portal to receive their first payments.
Unemployment Benefits: $300 weekly federal enhancement in benefits for 11 weeks, from the end of December through March 14th. The agreement also extends the Pandemic Unemployment Assistance program for gig workers, freelancers, independent contractors, and the self-employed. The Pandemic Emergency Unemployment Compensation program, which provides an additional 13 weeks of payments to those who exhaust their regular state benefits, was also extended. Both programs would close to new applicants on March 14, but continue through April 5 for existing claimants who have not yet reached the maximum of 50 weeks.
Reopening of Paycheck Protection Program: The second loans would be limited to businesses with fewer than 300 employees that have seen drops of at least 25% of their revenue during the first, second or third quarter of 2020. It would also reduce the amount a borrower can receive from $10 million to $2 million, give businesses more flexibility on how they spend the money and simplify the forgiveness process for loans under $150,000. It carves out $12 billion for minority-owned businesses and also expands eligibility to more nonprofits as well as local newspapers, TV and radio broadcasters.
Grants for theaters and other live venues: $15 billion grant program for live venues, theaters and museum operators that have lost at least 25% of their revenues. The initial grant can total up to $10 million per eligible business. The money will be for specified expenses such as payroll costs, rent, utilities and personal protective equipment. During the first 14 days of the program’s implementation, grants will be awarded to those who have faced 90% revenue losses. Then, those who have experienced at least 70% revenue losses will be eligible during the next two weeks. After the first month of the program, any other eligible businesses can receive grants.
Payroll tax repayment: Employers who are deferring their workers’ payroll taxes under President Trump’s executive action from August now have until the end of 2021 to increase their employees’ withholding to pay back the taxes owed. Originally, the deferred amount had to be repaid by April 30.
The package also contained funding for K-12 schools and child care, nutrition assistance, rental assistance, and vaccine and hospital funding.
December 18, 2020
At yesterday’s press conference, Governor Hogan announced new travel orders and $180 million in new economic relief.
Home for the Holidays Orders and Advisories:
New Public Health Advisory to Limit Gatherings to 10 People or Fewer: The Maryland Department of Health issued a public health advisory warning Marylanders against all non-essential activities and holiday gatherings with people outside one’s immediate household. Under this advisory, all Marylanders should refrain from attending public and private gatherings of more than 10 people in one location and should practice physical distancing to the maximum extent possible.
Expanded Testing and Quarantine Requirements for Travel: The Governor issued an emergency order requiring Marylanders to limit all travel to essential purposes only. All Marylanders who travel outside of Maryland, or any individuals who travel to Maryland, must either obtain a negative COVID-19 test result or self-quarantine for 10 days. This applies to all states, with the exception of Delaware, Pennsylvania, Virginia, and Washington, D.C. Read the companion health directives to this order.
Temporary Suspension of In-Person Customer Services operations: Governor Hogan has directed state agencies to suspend in-person customer service operations for two weeks, beginning Monday, December 21. Telework continues to be mandatory for state employees who are able to telework, and all businesses are strongly encouraged to institute telework over the holidays.
Santa Claus Exempt From All Travel, Testing, and Quarantine Requirements: Governor Hogan issued a special emergency order exempting Santa Claus, the elves from Santa’s workshop, and the reindeer necessary for the operation of Santa’s sleigh from any and all travel, testing, and quarantine requirements.
Additional Economic Relief: Governor Hogan announced another $180 million in state emergency economic relief to help those families and small businesses that are being hit the hardest during the COVID-19 pandemic. With these actions, the state has now provided well over $600 million in emergency economic relief, and the Governor pledged to seek a larger economic and stimulus package during the upcoming legislative session.
$50 Million for Hotels and Hospitality Businesses: The State is providing $50 million from its dedicated emergency rapid response fund to help hotels and hospitality businesses across the state. This funding will be distributed by local jurisdictions to go toward payroll expenses, rent, and utilities in order to keep operations going while travel is restricted.
$30 Million in Additional Relief for Bars and Restaurants: Local jurisdictions are encouraged to distribute this money quickly and to match this investment where possible.
$15 Million in Additional Relief for Entertainment Venues: The Governor announced another $15 million in assistance to entertainment venues through the state’s successful Main Street program at the Maryland Department of Housing and Community Development.
$5 Million for Rural Businesses: As part of a new relief initiative, the Governor announced $5 million to help socially or economically disadvantaged tech-based businesses in the state’s rural counties.
$40 Million to Boost the Temporary Cash Assistance Benefit: These funds will provide a $100 boost to the Temporary Cash Assistance (TCA) benefit for each of the next six months. This will help more than 66,000 Maryland families that are struggling to make ends meet.
$40 Million for Health Care Providers: Health care providers will begin receiving their 4% increase on January 1, six months ahead of schedule.
Extension of Moratorium on Foreclosures: The Governor also signed an emergency order extending the moratorium on foreclosures to January 31, consistent with the federal CARES Act.
December 11, 2020
The State of Maryland has already announced $500 million in emergency economic relief. While stimulus negotiations in Congress remain gridlocked, the Governor announced the following additional measures to help Marylanders weather this crisis:
Emergency Tax Relief: The Governor has issued an executive order to prevent small businesses from facing major increases in their unemployment taxes. An employer’s 2021 tax rate will be calculated based on their non-pandemic experience by excluding the 2020 fiscal year, and instead by using the last three fiscal years of 2017, 2018, and 2019. This order will provide relief for businesses already operating on razor-thin margins, and help keep more people on their payrolls. Read the executive order and the Maryland Department of Labor press release.
Loan Forgiveness: To provide additional economic relief, the Governor has directed the Department of Commerce to forgive the $75 million in emergency loans that the state provided to businesses during the first round of economic relief in March and convert them all to grants.
$37 million for affordable housing: The State of Maryland anticipates providing nearly $25 million to finance approximately 2,000 units of low income housing—a new record. The Governor also announced that he is releasing an additional $12 million to the Rental Housing Works program to spur more construction and more jobs across the state.
Diabetes treatment and prevention initiative: The Governor announced the commitment of $94 million in new investments across Maryland to help people with pre-diabetes and diabetes prevent or manage their disease during the COVID-19 pandemic.
Victim and youth services, law enforcement: The Governor announced $10 million in federal funding to support virtual and multijurisdictional initiatives for law enforcement, youth services, and victim services. A portion of the funding will be allocated to a new initiative, the COVID-19 Safe Futures Collaborative, which will provide emergency assistance to victims of crime and connect them with the services they need.
December 10, 2020
Federal Pandemic Unemployment Insurance Programs Scheduled to Expire in Maryland on December 26th
According to guidance from the U.S. Department of Labor, the federal Pandemic Unemployment Assistance (PUA) and Pandemic Unemployment Emergency Compensation (PEUC) unemployment insurance programs program created by the CARES Act will expire in Maryland on December 26.
While the law states that the programs end on Thursday, December 31st, the U.S. Department of Labor only allows states to pay claimants for a full week of unemployment. Partial weeks of unemployment are not payable. In Maryland, a full week is from Sunday to Saturday.
Therefore, a claimant’s final week to file a claim for PUA or PEUC benefits in Maryland is the week ending December 26th. If a claimant is eligible for PUA or PEUC benefits for the week ending December 26th, they will need to file a final claim certification during the week of Sunday, December 27th – Saturday, January 2nd in order to receive their final payment for PUA or PEUC benefit.
All unemployment insurance claimants will receive a comprehensive email outlining the options that may be available to them. PUA claimants who earned sufficient W-2 wages in the most recent five quarters may be eligible for regular unemployment insurance benefits and should consider applying for regular UI through their BEACON 2.0 portal.
If PEUC claimants are eligible for the Extended Benefits (EB) program after their PEUC benefits expire, a link to “Apply for EB” will appear in their BEACON portal.
The PUA and PEUC programs were created by the federal government and unfortunately Congress has not yet passed any extensions of these programs. The State of Maryland does not have the authority to extend the duration of these programs.
For a comprehensive list of additional state resources from the state departments of Labor, Human Resources, and Housing and Community Development that are available to help Marylanders as these federal unemployment insurance programs end, go here. For more information about unemployment insurance in Maryland, go here.
November 18, 2020
Governor Hogan Announces Hospital Surge Measures, Statewide Capacity Restrictions
10:00 PM CLOSURE FOR BARS AND RESTAURANTS STATEWIDE. All bars, restaurants, and venues serving food and alcohol must close between 10:00 p.m. and 6:00 a.m. except for the purposes of carryout and delivery.
LIMITED CAPACITY FOR RETAIL ESTABLISHMENTS AND RELIGIOUS FACILITIES. Capacity at retail establishments and religious facilities will be reduced to 50%, bringing them into line with indoor dining and personal services businesses, as well as bingo halls, bowling alleys, pool halls, roller and ice skating rinks, fitness centers, and social and fraternal clubs.
NO FANS FOR RACETRACKS AND STADIUMS. No fans will be permitted at racetracks or professional and collegiate stadiums across the state.
Businesses with questions should contact Commerce.Secretary@maryland.gov.
MEDICAL ORDERS AND ACTIONS:
HOSPITAL VISITATION PROHIBITIONS: All hospital visitation is prohibited until further notice with some exceptions, including end-of-life care, obstetrics, parents or guardians of minors, and support for people with disabilities. Read the order.
NEW HOSPITAL SURGE MANAGEMENT ORDER. Hospitals that are full or nearing capacity limits may transfer patients to hospitals that are equipped to provide them with the care they need. This will help alleviate the overcrowded hospitals in some areas of the state, and place patients in hospitals where beds are available. Read the order.
GUIDANCE ON ELECTIVE PROCEDURES. State health officials have issued guidance warning hospitals and other medical facilities to avoid any elective procedure admissions that are not urgent or life-saving, especially if they are likely to require prolonged artificial ventilation, ICU admissions, or may have a high probability of requiring post-hospital care in a skilled nursing facility. Read the guidance.
ACTIONS ON HOTSPOTS AND NURSING HOMES:
NEW LIMITATIONS ON NURSING HOME VISITATION. Until further notice, indoor visitation at Maryland nursing homes will generally be limited to compassionate care, and all visitors must have proof of a negative COVID-19 test result within 72 hours prior to their visit. Read the order.
NURSING HOME TESTING SURGE. State health officials have issued an order instituting mandatory twice-weekly testing for all staff at Maryland nursing homes, as well as mandatory weekly testing for all nursing home residents, effective no later than Friday, November 20. Read the order.
MORE RAPID RESPONSE TEAMS FOR HOTSPOTS AND OUTBREAKS. To tackle acute outbreaks, Governor Hogan is doubling the number of rapid response teams deployed to provide an extra level of triage and supplement local staffing needs.
November 11, 2020
Governor Hogan Announces $70 Million In New Investments to Protect the Health, Safety, and Well-Being of Marylanders.
Unemployment Insurance Measures: The Governor announced $15 million for the Department of Labor to provide additional staffing support for the Division of Unemployment Insurance. These resources will be devoted to expand call center staffing and adjudication staffing, to improve customer service management software, and to provide additional fraud detection measures. To date, the Department has administered nearly $8 billion in benefits to more than 640,000 Marylanders.
Additional Relief for Renters: The Governor announced an additional $10 million to the Department of Community and Housing Development for the next installment of relief for renters. The Assisted Housing Relief Program helps low-income tenants in state-funded properties who have been affected by COVID-19. To date, this program has provided more than 4,500 rental payments for Maryland families. New applications for November rent are being accepted now.
ECONOMIC RECOVERY INITIATIVE UPDATES
RESTAURANT RELIEF PROGRAM: The Department of Commerce is working with local jurisdictions to distribute $50 million in direct relief to restaurants across the state. Nearly half of the state’s jurisdictions have begun accepting applications. More information is available here. (links to the Carroll County program are available on our homepage https://carrollbiz.org)
LAYOFF AVERSION FUND: The Department of Labor has begun issuing new payments to small businesses for the second round of its Layoff Aversion Fund. Applicants have been awarded a total of over $5.7 million, saving another 3,100 jobs—for a total of more than 12,000 jobs saved through this program to date.
SMALL BUSINESS COVID-19 EMERGENCY RELIEF GRANT FUND: The Department of Commerce has been processing hundreds of applications daily for the third round of the state’s Small Business COVID-19 Relief Grant Fund. Those payments will be disbursed in the coming days.
MD COVID ALERT UPDATE: More than 460,000 Marylanders have already subscribed to MD COVID Alert since its launch on Tuesday morning. MD COVID Alert bolster’s the state’s contact tracing efforts by using exposure notifications technology to notify users who may have been exposed to an infected individual. Opt-in today to participate in protecting all Marylanders from COVID-19.
Watch yesterday’s press conference for complete details.
November 13, 2020
EFFECTIVE (11/11/20) AT 5:00 PM:
INDOOR DINING CAPACITY REDUCED TO 50%. The Governor issued an emergency order reducing indoor operations for bars and restaurants from 75% to 50%. Bars and restaurants are permitted to be open for seated and distanced service only, with strict capacity restrictions. Read the order.
PUBLIC HEALTH ADVISORY ISSUED LIMITING INDOOR GATHERINGS TO 25 PEOPLE OR FEWER: With contact tracing data showing an uptick in cases resulting from family gatherings and house parties, state health officials have issued a public health advisory strongly discouraging indoor gatherings of 25 people or more. Read the health advisory.
EXPANDED OUT-OF-STATE TRAVEL ADVISORY: Marylanders are strongly advised against traveling to any state with a positivity rate above 10% or any state with average case rates above 20 per 100K. Anyone traveling from these states should get tested and self-quarantine while awaiting results. Marylanders are advised to postpone or cancel travel to these areas until their positivity and/or case rates decline. Read the travel advisory
GOVERNMENT OFFICES TO RETURN TO MANDATORY TELEWORKING: Governor Hogan has directed the Maryland Department of Budget and Management to immediately execute a period of mandatory telework across state agencies, except for essential direct public-facing services and other essential personnel. State officials strongly encourage all businesses to take immediate steps to expand telework.
Additional Orders Issued Yesterday:
November 09, 2020
MD State Arts Grants:
The Maryland State Arts Council (MSAC), an agency of the Maryland Department of Commerce, has received an additional $3 million to reinvest in its Emergency Grant Program, aimed at helping those in the arts community that have experienced losses because of programming, operations, and events that have been modified or canceled. New applications are being accepted until November 13, 2020 through the MSAC website.
MD Labor and MD Department of Housing and Community Development Relief Programs:
Labor began accepting applications on October 28 for its COVID-19 Layoff Aversion Fund, which is designed to prevent or minimize the duration of unemployment resulting from layoffs.
DHCD has launched its webpage with resources for Main Street businesses, entertainment venues, and tourism nonprofit organizations, with more details coming soon.
Grants to Destination Marketing Organizations (DMO):
County tourism enterprises will receive $2 million to support hometown tourism efforts that promote local restaurants, attractions, and shops. Each local jurisdiction’s DMO will receive funds specifically earmarked for marketing purposes. Additional information is anticipated to be sent out to DMOs early this month.
For more information about financial assistance available to businesses across Maryland, visit Maryland Coronavirus (COVID-19) Information for Business.
October 29, 2020
$20 Million Available for Small Businesses Through the Expanded COVID-19 Layoff Aversion Fund
An additional $20 million in funding is available for Maryland’s small businesses through an expansion of the successful COVID-19 Layoff Aversion Fund. Businesses undergoing financial stresses due to the pandemic can apply for up to $50,000 in flexible and customizable funding to maintain their workforce beginning Wednesday, October 28th. Applications will be accepted through 30 days after the State of Emergency ends or until funding has been fully exhausted. Businesses will receive approval or denial within 5 days of applying for the funding.
Award recipients have used the average award of $22,738 per business for such things as purchasing remote access equipment and software to promote teleworking, assisting with employee training and education, purchasing cleaning supplies and services to maintain an onsite workforce, and taking advantage of the Maryland Department of Labor’s Work Sharing Unemployment Insurance Program by supplementing employee income.
To download the program’s policy, application, and learn more about the eligibility requirements of the COVID-19 Layoff Aversion Fund, visit MD Labor’s website. Questions: email@example.com.
October 23, 2020
Governor Hogan yesterday announced the $250 million ‘Maryland Strong: Economic Recovery Initiative,’ which will provide funding from the Rainy Day Fund to directly assist restaurants, small businesses, local entertainment venues, arts organizations, and Main Streets across the state. The initiative doubles the state’s total commitment to COVID-19 emergency economic relief for Marylanders to $500 million.
$50 Million: Maryland Small Business COVID-19 Relief Grant Fund
A third tranche of funding to the Maryland Small Business COVID-19 Relief Grant Fund, which awards grants of up to $10,000 to businesses of 50 or fewer employees. This additional relief will clear the backlog of eligible applications. No new applications will be accepted.
$50 Million: Direct Relief for Restaurants
Direct grant relief to qualifying restaurants across the state. The funding will be allocated through local jurisdictions and must be distributed no later than December 31, 2020. Eligible uses of funds include:
- Working capital, such as rent and purchase of equipment and services to expand outdoor dining through physical improvements including tents, heaters, warmers, and carts
- Sanitization services
- Purchase of PPE
- Technology to support carryout and delivery
- Infrastructure improvements, including HVAC system upgrades
Direct Relief for Main Street communities
$20 million through the Department of Housing and Community Development to assist hard-hit businesses and local entertainment venues within Main Street Maryland organizations as well as the Baltimore Main Streets programs.
$20 Million: Expansion of COVID-19 Layoff Aversion Fund
The state’s COVID-19 Layoff Aversion Fund has helped small businesses with an average of 20 employees stay open and saved nearly 9,000 Maryland jobs. Grantees have used the average award size of $22,738 per business for such things as purchasing remote access equipment and software to promote teleworking, assisting with employee training and education, purchasing cleaning supplies and services to maintain an onsite workforce, and taking advantage of the Maryland Department of Labor’s Work Sharing Unemployment Insurance Program by supplementing employee income.
$5 Million: Expansion of Small and Minority Business Low-Interest Loans
Administered through the Maryland Small Business Development Financing Authority (MSBDFA), the program provides financing to businesses owned by economically and socially disadvantaged entrepreneurs. MSBDFA uses include working capital, supplies and materials, machinery and equipment acquisition, land acquisition, or real estate improvements.
$3 Million: Expansion of Arts Organization Funding
Increases funding for the Maryland State Arts Council’s (MSAC) Emergency Grant Program. MSAC has created special grant opportunities that provide emergency funding to arts organizations and artists for losses sustained because of programming, operations, and events that have been modified or canceled.
$2 Million: Hometown Tourism Program
Funding for local Destination Marketing Organizations to support hometown tourism efforts that promote local restaurants, attractions, and shops.
$100 Million: Emergency Rapid Response Fund for Small Businesses
Sets aside $100 million that can be immediately deployed to areas where there is the greatest need, as the pandemic continues to affect various sectors and as state and local governments wait for the federal government to take action on additional stimulus relief.
October 19, 2020
Updated Safe Capacity Limits For Outdoor Sporting Venues
Governor Hogan and Maryland Secretary of Health Robert Neall today issued orders updating safe capacity limits for outdoor sporting and entertainment venues, while maintaining face covering requirements and strict public health protocols. Read the Governor’s order here. Read the Health Secretary’s order here.
OUTDOOR SPORTING VENUES:
The Governor’s order limits spectators at outdoor sporting venues to 10% of total capacity, including at M&T Bank Stadium and FedEx Field.
OUTDOOR ENTERTAINMENT VENUES:
The Governor’s order limits occupancy to 10% for outdoor entertainment venues that have a total capacity greater than 2,500.
FACE COVERINGS AND PUBLIC HEALTH PROTOCOLS:
The Governor’s order requires face coverings at all outdoor sporting and entertainment venues. Under the Health Secretary’s order, venues must follow social distancing protocols, and social gatherings at the venue—such as tailgating—are prohibited.
Maryland Farmer COVID-19 Relief Program:
Governor Hogan today announced a new $10 million initiative to provide critical support to thousands of Maryland farmers affected by the COVID-19 pandemic. The Maryland Farmer COVID-19 Relief Program will offer direct assistance to contract poultry growers and a bonus payment to any farm operation that received funding through the first round of the federal Coronavirus Food Assistance Program (CFAP).
October 2, 2020
CHILD CARE RATIOS EXPANDED:
Child care providers in Maryland are now able to return to the full teacher to child ratios and capacities for which they are licensed. Child care centers can now serve up to 20 three-and four-year-olds in a room with a ratio of 1 teacher to 10 students, and up to 30 school-age students with a ratio of 1 teacher to 15 students. Providers must continue to follow all appropriate public health and safety guidance.
To date, more than 82% of child care providers in Maryland have reopened. Reopened programs will receive a one-time grant of $800 for family child care providers and $1,600 for center-based child care providers. These grants will be available through October 31. MSDE is also providing $1,000 in start-up grants to eligible, new child care providers in an effort to bolster new small businesses. More information here.
Licensed child care programs interested in reopening may contact their licensing specialist at MSDE. Parents and guardians in need of child care may contact LOCATE: Child Care at (877) 261-0060 or through the LOCATE webpage.
September 18, 2020
Maryland Receives Additional CARES Act Funding:
Maryland has received additional funding through the U.S. Economic Development Administration (EDA) to help support the state’s small businesses impacted by the coronavirus pandemic. The Maryland Department of Commerce has received $770,000 to recapitalize the Maryland Economic Assistance Fund (MEAF), a pre-existing small business Revolving Loan Fund (RLF) program funded primarily through the EDA.
Fully Modernized UI System Launches September 20th-21st:
A fully modernized BEACON 2.0 unemployment insurance system will be launching for claimants on Sunday, September 20th and for employers on Monday, September 21st. BEACON 2.0 integrates all benefits, appeals, tax, and reemployment functions of the unemployment insurance system.
Claimants will have the ability to update claims, see details of eligibility issues, respond to fact-finding questions, file appeals, submit supporting documents for appeals or adjudication, and track overpayments.
BEACON 2.0 will allow employers to manage their accounts entirely online. Employers now will have the ability to submit reports, access their tax rate information, submit wage reports and adjustments, pay contributions, respond to requests about claimant separation, file appeals, and more. All employers have received detailed account activation instructions via email or a mailed letter.
September 10, 2020
Governor Hogan Press Conference Today at 11:15 am:
Governor Hogan will be joined by Dr. Rajiv Shah, president of the Rockefeller Foundation, for an announcement regarding the bipartisan interstate testing compact. The press conference can be watched on Facebook, Twitter, or YouTube.
Unemployed Marylanders To Begin Receiving Extra $300 This Week:
Maryland Department of Labor (Labor) Secretary Tiffany P. Robinson today announced that the Lost Wages Assistance (LWA) program, offering claimants an additional $300 per week in retroactive federal benefits, will be launching ahead of schedule this Friday, September 11. Maryland has now been approved for a total of six weeks of $300 federal payments.
Labor will also be launching the fully modernized BEACON 2.0 unemployment insurance system for claimants and employers this month. BEACON 2.0 will provide employers with a new portal, allowing them to access and manage their employer accounts entirely online. All employers have received detailed account activation instructions via email or a mailed letter.
August 28, 2020
As a result of improved COVID-19 health metrics across the state, Governor Hogan announced yesterday that Maryland will begin to move into Stage Three of the ‘Maryland Strong: Roadmap to Recovery’ with additional safe and gradual re-openings. Stage Three will be implemented in multiple phases with a flexible, community-based approach that empowers individual jurisdictions to make decisions regarding the timing of re-openings.
As part of the state’s initial entry into Stage Three, Governor Hogan announced the following additional safe and gradual re-openings that will take effect Friday, September 4 at 5 p.m.:
INDOOR THEATERS: Indoor theaters where live performances occur or motion pictures are shown may open to the general public at 50% capacity, or 100 people per auditorium—whichever is less—with appropriate health and safety protocols in place.
OUTDOOR VENUES: Outdoor venues where live performances occur or motion pictures are shown outdoors may open to the general public at 50% capacity, or 250 people—whichever is less—with appropriate health and safety protocols in place.
RETAIL AND RELIGIOUS FACILITIES: Capacity for retail establishments and religious facilities may increase from 50 to 75 percent.
SCHOOLS: The governor thanked the State Board of Education for voting to require those school systems that have not developed a plan for returning any students for any in person instruction until 2021 to reevaluate their reopening plans by the end of the first quarter.
Last week, the governor announced that, as a result of improved COVID-19 health metrics, every county school system in Maryland is authorized to begin safely reopening, but made clear that the legal authority and final decision making on safe openings rests with county boards of education. Guidance to support the safe reopening of schools can be found here.
August 28, 2020
Every County School System Now Fully Authorized to Begin Safely Reopening:
As a result of improved COVID-19 health metrics across the state, Governor Hogan announced yesterday that every county school system in Maryland is now fully authorized to begin safely reopening. Read the guidance and benchmarks for reopening.
2020 Census Update:
Census takers are now visiting homes in Maryland. The census only takes 10 minutes. Help shape your community for the next 10 years by completing your Census questionnaire before September 30. All census takers have completed COVID-19 training on social distancing, health, and safety protocols. Or Take the Census online.
Maryland Energy Administration (MEA) Commercial Facility Grants:
MEA announces the FY2021 grant application cycles for the Resilient Maryland program and the Combined Heat and Power (CHP) Grant Program. Round 1 Applications for the CHP Grant Program are due by 11:59 PM Friday, October 30, 2020. Resilient Maryland proposals are due by 11:59 PM Friday, January 29, 2021.
Maryland Project SEARCH Lunch and Learn Information Session: Becoming a Business Partner with Project SEARCH:
Date: September 2, 2020, 11:30 a.m. – 12:30 p.m. Register here.
Project SEARCH is a 10-month transition to work program for individuals 18-26 years old with intellectual and developmental disabilities. Maryland Project SEARCH programs across the state are conducting outreach to businesses to find meaningful remote and in-person opportunities for this year’s interns with local businesses and other organizations. Questions: Stacey Herman, Hermanst@KennedyKrieger.org
August 21, 2020
Maryland Nonprofit Recovery Initiative (NORI) Application Deadline Extended to 5:00 pm September 1, 2020:
Eligible nonprofit organizations can receive up to $50,000 in grant assistance for operational support. The second round expanded eligibility to allow nonprofits of any size and with budgets over $5 million to apply for assistance. More information here. Apply here.
The Maryland Department of Human Services COVID-19 Resources webpage offers information on health resources, the Governor’s ongoing response, help for parents and more.
New Return to Work and Job Refusal Applications for Employers:
Maryland Labor’s Division of Unemployment has created new online applications for employers to easily report return to work dates and job refusal information.
August 12, 2020
Maryland Nonprofit Recovery Initiative (NORI) – Application Portal for Round 2 opens today at 12:00 noon:
Eligibility has been expanded to include nonprofits of any size and with budgets over $5 million. Details on this funding round here. The application portal closes 12:00 noon, Friday, August 21 at the latest; the portal may close if or when grant requests exceed available funding. Funding announcements will be made on a rolling basis beginning no later than Wednesday, August 26th. Questions: Sara Jackson, firstname.lastname@example.org or Sarah Kim, email@example.com.
Maryland Chamber of Commerce Webinar on MD Labor’s Work-Share Program:
August 13th (tomorrow), 10 am – 11 am. Free. Register Here.
August 04, 2020
Join Us With “Masks On Maryland”:
The new statewide campaign, which promotes social distancing, face coverings, and CDC hygiene practices, includes a series of announcements being aired throughout the state on local radio stations, as well as social media outreach through #MasksOnMaryland. To learn more about outreach efforts and listen to radio announcements, go here.
Governor Issues Emergency Order to Prohibit Blanket School Closures:
Governor Larry Hogan yesterday issued an amended emergency order ensuring that local schools and school systems retain the primary authority to initially determine when to safely reopen their facilities for in-person instruction based on public health guidance. Read the governor’s order.
Innovation Uncovered: Nominate a Maryland Startup:
Maryland Department of Commerce is searching for the “Maryland Future 20,” a list of innovative Maryland startups with the potential to become the state’s next major business success story. Members of Maryland’s business community and the general public can nominate a startup on the Innovation Uncovered website. Governor Hogan will announce the Maryland Future 20 in Fall 2020.
August 03, 2020
Maryland Department of Labor Announces 13 Weeks of Extended Unemployment Benefits Available for Eligible Claimants:
Maryland has begun offering an additional 13 weeks of unemployment insurance benefits through the Federal-State Extended Benefits program. Under federal and state law, the Extended Benefits program is available for claimants who have exhausted both their 26 weeks of regular unemployment benefits and 13 weeks of the Pandemic Emergency Unemployment Compensation (PEUC) assistance.
Upon exhausting both regular and PEUC benefits, MD Labor will issue written notification to all potentially eligible claimants informing them they can apply for the Extended Benefits program in their BEACON One-Stop account. If a claimant is determined to be eligible, the weekly benefit amount will be the same as the claimant received under the regular and PEUC programs.
Maryland Nonprofit Recovery Initiative DEADLINE EXTENDED:
Maryland Nonprofit Recovery Initiative (NORI) assists nonprofit organizations whose critical operations have been financially impacted by COVID-19. DHCD has extended the application deadline for the initial round of assistance. Applications may be submitted until tomorrow, August 4, 2020, 12:00 Noon. Details here. Email questions to firstname.lastname@example.org
Additional COVID-19 funding available for 501(c)(6) organizations:
A third round of emergency relief funding through NORI will soon be available to assist local 501(c)(6) nonprofit associations that have been negatively impacted by the ongoing COVID-19 pandemic in Maryland.
Approved applicants can receive up to $10,000 in grant funding for quarterly operating expenses. Applications will be available on the OneStop portal beginning August 17 and will be accepted through August 24 at 5:00 PM. Unlike previous rounds of funding where applications were awarded on a first-come first-served basis, this round will be scored and approved based on specific criteria established by MD Commerce. Details here.
July 29, 2020
MD NonProfit Recovery Initiative Application Deadline Extended:
Eligible nonprofit organizations impacted by the COVID-19 pandemic can receive up to $50,000 in grant assistance through the Maryland Nonprofit Recovery Initiative (NORI). The Maryland Department of Housing and Community Development has extended the application deadline for the initial round of assistance until 12:00 noon, Tuesday, August 4, 2020.
MD Dept. of Labor Virtual Career Fair – Space Still Available for Employers:
Tuesday, August 4th. 2 Sessions: 10:00 am – 1:00 pm & 4:00 pm – 6:00 pm
To participate, contact Teresa Spruill, email@example.com
Maryland Tech Council Business Continuity Task Force:
A team of experienced business leaders who have navigated business challenges during economic downturns before, to provide guidance and referrals to entrepreneurs and operating executives. To request assistance, complete this form.
July 23, 2020
Governor Hogan Continues to Stress Vigilance In COVID-19 Fight, State Superintendent Sets Guardrails for Schools to Reopen:
All school systems must follow CDC guidelines for schools and adhere to protocols instituted by state health officials for addressing outbreaks. All schools must also meet a series of benchmarks before reopening. Watch the Governor’s press conference here.
Read the release summarizing the press conference here.
Guidance for face coverings in schools.
Guidance for addressing outbreaks in schools, camps, and childcare facilities.
July 22, 2020
Governor Hogan Press Conference Today at 5:00 PM:
Governor Hogan will be joined by Maryland State Superintendent of Schools, Dr. Karen Salmon, for a press conference. The press conference may be watched on YouTube, Facebook or Twitter.
MD Non-Profit Recovery Initiative Applications Open Today:
The Department of Housing and Community Development will begin accepting applications for the Maryland Nonprofit Recovery Initiative (NORI) today at 12:00 Noon. Eligible nonprofit organizations can receive up to $50,000 in grant assistance for operational support. FAQs here.
Modifications to Federal Reserve Board’s Main Street Lending Program:
These changes are intended to provide greater access to credit for nonprofit organizations such as educational institutions, hospitals, and social service organizations. More information in this press release.
F³ Tech Accelerator Program:
Funding for early-stage companies to prepare them for potential investment from the F³ Tech Seed Fund. The program is focused on commercializing and accelerating revenue development for companies that are advancing innovations and new technologies within the agriculture, aquaculture, energy, supply chain, and environmental technology sectors. More information here.
New State Workplace Laws Will Take Effect October 1, 2020:
July 21, 2020
MD Small Business Development Financing Authority (MSBDFA) COVID-19 Emergency Relief Loan Fund:
Low-interest rates and low-documentation loans to businesses that have experienced economic hardship due to the ongoing pandemic. Five-year term loans ranging from $25,000 to $200,000 will be available with an interest rate of 0% for the first 12 months, and 2% for the remaining term of the loan. Loans will be managed by Meridian Management Group. More information here.
MD Department of Labor Work Sharing Unemployment Insurance:
This program has been around for decades but has been under-utilized. Work Sharing allows an employer to cut costs by equally dividing available hours of work among employees. While working reduced hours, the employees will also be eligible to receive partial Unemployment Insurance (UI) benefit payments based on their reduction in weekly work hours. More information here.
July 17, 2020
MD State Arts Council Emergency Grant Program:
$1 million will be available to county arts agencies; $435,000 to Arts & Entertainment District management entities; $1,565,000 to arts organizations and independent artists. Applications for funding should be made through MSAC’s Smart Simple portal. Applications will open on July 20 and must be submitted by 5:00 pm on August 3, 2020 to be considered for funding. More information here.
MSBDFA COVID-19 Emergency Relief Loan Fund:
Beginning July 20th, the MD Small Business Development Finance Authority will provide emergency financial relief through low interest rates and low documentation loans to eligible Maryland businesses. Five-year term loans ranging from $25,000 to $200,000 will be available with an interest rate of 0% for the first 12 months, and 2% for the remaining term of the loan. Go here for program details and guidelines.
July 16, 2020
MD Department of Labor Uncovers UI Fraud Scheme:
Governor Larry Hogan yesterday announced that the State of Maryland has uncovered a massive and sophisticated criminal enterprise involving more than 47,500 fraudulent unemployment insurance claims in Maryland and totaling over $501 million. Read the full press release and watch the Governor’s press conference.
Statewide Veterans Virtual Career and Resource Fair:
Sponsored by the MD Department of Labor Veterans Program
Tuesday August 4, 2020; 10:00 am – 1:00 pm and/or 4:00 pm – 6:00 pm
Interested employers must be registered in the Maryland Workforce Exchange. For more information: Alicia Dennis, firstname.lastname@example.org or Sharon Egerson, email@example.com.
IT and Cybersecurity Virtual Career Expo:
Maryland Tech Council, in collaboration with Montgomery College’s America’s Promise leadership, is hosting an IT + Cybersecurity Virtual Career Expo to connect job seekers and students with the technology industry on Thursday, July 23 from 10:00 AM to 3:00 PM. More information here.
July 15, 2020
Employer guidance on reporting qualified sick and family leave wages:
The Treasury Department and the IRS provide guidance in Notice 2020-54 to employers with a requirement to report the amount of qualified sick and family leave wages paid to employees under the Families First Coronavirus Response Act (FFCRA). Employers will be required to report these amounts either on Form W-2, Box 14, or in a statement provided with the Form W-2. Additional information about tax relief for those affected by the COVID-19 pandemic can be found on IRS.gov.
CDC Guidance General Business FAQs – Updated July 11, 2020:
Updated COVID-19 FAQs here.
MD Office of Tourism Development (OTD) Resources:
Five easy steps to make sure you’re getting the benefit of OTD support in promoting your business and events.
State Apprenticeship Expansion Reimbursement Grant:
MD Department of Labor is now accepting applications for grants to support the related instruction requirements of registered apprenticeship programs across the State. More information here.
July 14, 2020
$50 million in State Funding Available through Governor’s Nonprofit Recovery Initiative (NORI):
Governor Hogan has allocated $50 million to assist nonprofit organizations whose critical operations have been financially impacted by COVID-19 and state-of-emergency, through four grant programs to be administered by the MD Department of Housing and Community Development and the MD Department of Commerce. Organizations cannot receive grants from both departments.
$40 million will be administered by DHCD, of which $10 million will be made available for nonprofit licensees of the Maryland Behavioral Health and Developmental Disabilities Administrations. DHCD’s press release can be accessed here, and Notice of Funding Availability, with more details, here
$3 million will be awarded through the Maryland State Arts Council (part of MD Commerce) for arts and cultural organizations affected by Covid-19 impacts. For more information contact Dana Parsons, firstname.lastname@example.org or go here.
Up to $8 million will be available from Commerce to nonprofits that have already applied for Commerce’s Covid-19 Emergency Grant Program but were not able to be funded in the earlier round. For more information, contact email@example.com.
SBA Announces Conclusion of Economic Injury Disaster Loan Advance Program:
SBA has disbursed the $20 billion made available for the EIDL Advance grants. Loan funds are still available. SBA’s press release here.
SCORE surveyed pre-startups and startups in June 2020 about how COVID-19 has affected their businesses. This infographic highlights the findings.
Also from SCORE: How to temporarily close a business due to COVID-19.
July 13, 2020
NFIB Webinar: EIDL and PPP Loan Questions Answered:
Economic Injury Disaster Loans, in particular, carry terms that may cause business owners to inadvertently default, so borrowers want to be sure to understand the rules. Wed., July 15, 2020, 12:00 Noon. RSVP here.
NFIB Side-by-Side Comparison of EIDL and PPP Loans:
Revised on July 7th. Updated version here
Nonprofit COVID-19 Emergency Grant Program Applications:
July 09, 2020
TODAY: MD SBDC Webinar: Fast Track Cash Strategies For Small Businesses Reopening:
July 9, 2020, 1:00 pm – 2: 30 pm. Register here.
Maryland SBDC Post-COVID-19 Business Survival Guide:
Access the guide here.
Maryland Department of Health Guidance:
Food Safety updated FAQs here.
American Industrial Hygiene Association:
AIHA’s Back to Work Safely website features expert, industry-specific guidance for both businesses and consumers to safely reopen and re-engage as they emerge from the COVID-19 quarantines.
Red Backpack Fund Grants:
One thousand, $5,000 grants awards to women entrepreneurs, funded by The SPANX by Sara Blakely Foundation. Another grant round has reopened. For information and to apply, go here
Buy Maryland Directory:
A searchable database featuring goods produced by Maryland manufacturers, artists, crafts persons, and agribusinesses.
July 06, 2020
COVID-19 Testing Guidelines:
The Maryland Department of Health recommends that the following individuals pursue testing: Asymptomatic individuals where COVID-19 exposure may be possible, including contact with confirmed cases; residents and staff of long-term care facilities; individuals employed in close contact settings; individuals who have attended large gatherings; and individuals who have traveled to or returned to Maryland from out-of-state travel. Visit the state’s testing site locator map.
Testing on Demand:
A Maryland Department of Health order issued July 1st instructs health care providers across the state to order a test for any individual who requests it, regardless of symptoms. As some testing sites continue to require a doctor’s order, the new directive ensures that this requirement may no longer pose an obstacle to Marylanders who wish to be tested.
Maryland’s self-response rate to the 2020 Census is 65.7%, placing us 12th in the nation. Maryland lost out on millions of dollars in federal aid due to under-counting of its population in the 2010 census. Take a moment today to be counted, and please share with your employees. Participate by mail, phone, or online.
July 01, 2020
$190 million in COVID State Funding Relief:
Review the Governor’s press release. Details provided in yesterday afternoon’s update.
State Laws That Will Go Into Effect Today:
Legislation passed in the 2020 General Assembly session that goes into effect today, July 1, 2020.
Maryland Unites: Businesses and Organizations
More than 200 Maryland businesses and organizations have supported their communities’ response to the COVID-19 pandemic. Submit a business or organization to be recognized here.
Proposed State Budget Cuts:
In an effort to offset revenue declines driven by the coronavirus pandemic, Governor Larry Hogan is proposing budget cuts across state government. Today’s Board of Public Works meeting agenda.
Families First Coronavirus Relief Act (FFCRA):
Use this tool to determine eligibility for benefits and requirements under the Act.
SCORE Webinar: How To Protect & Grow the Value of Your Business During a Pandemic. July 2, 2020, 11:00 am. Register here.
June 30, 2020
Today is the LAST DAY to apply for the Payroll Protection Program loan.
Borrowers must reach out to an SBA-approved lender directly.
Small Business and PPP Forgiveness — Your Questions Answered Live!
NFIB Webinar – Wed., July 1, 2020, 12:00 noon. Register here
U.S. Chamber CO Blueprint Webinar Series:
Bi-weekly series presented by Chase for Business. Small business strategies for banking, forecasting, and budgeting for the long-term.
Register for the third installment tomorrow, July 1, 2:00 pm – 3:00 pm.
June 29, 2020
Maryland SBDC Webinar: How To Pivot Your Marketing During COVID-19:
July 1, 2020, 1:00 pm – 2:30 pm. Register here.
U.S. Equal Employment Opportunity Commission (EEOC):
Federal Guidelines for employers regarding COVID-19 and the Americans with Disabilities Act (ADA), among other laws.
Small Business Reorganization Act of 2019:
Signed into law in February, the SBRA was enacted to expedite and reduce the cost of Chapter 11 bankruptcy for small business debtors with debt of approximately $2.7 million. The CARES Act expanded this relief to a wider demographic by increasing the debt-eligibility threshold from the approximately $2.7 to $7.5 million. This expanded eligibility expires after one year. Details here.
USDA Technical Assistance Grants:
The Socially Disadvantaged Groups Grant program is intended to help disadvantaged groups develop the capacity to implement plans and undertake projects to improve economic and social conditions. Eligible applicants include cooperatives, groups of cooperatives and cooperative development centers. Electronic applications must be submitted to grants.gov by Midnight on August 10, 2020.
June 25, 2020
MD Department of Labor Back to Business “Shift for Success” Webinars Frederick County:
Tonight, 6:00 pm – 8:00 pm. Hosted by Maryland Department of Labor with resources and information to help businesses & employees transition back to the workplace. For more information and to register, go here. A similar event will be held on July 1st for Carroll County businesses and employees.
Regional Manufacturing Institute of Maryland Manufacturing Focus Group:
June 30 at 11 am. Economist Anirban Basu will facilitate an open discussion with manufacturers on their ideas for helping Maryland manufacturing thrive. Free for RMI members, other manufacturers: $35. Register Here
NFIB Information on the Paycheck Protection Program:
Video-based Step-by-Step Instructions for Maximizing PPP Loan Forgiveness through the PPP EZ Application.
June 23, 2020
Comptroller of Maryland COVID-19 Tax Response:
Go here for important tax information related to the pandemic.
On-line Minority Business Enterprise Certification Workshops:
Maryland Department of Transportation’s Office of Small and Minority Business Policy is holding its monthly MBE application assistance workshops online for interested businesses. For more information, go here.
SBA and Treasury Announce Enhanced Transparency Regarding the Paycheck Protection Program:
The U.S. Small Business Administration (SBA) and Department of the Treasury have agreed to make public additional borrower data regarding the Paycheck Protection Program (PPP). Read the joint Treasury and SBA press release.
June 19, 2020
Additional Openings Begin Today at 5:00 pm:
With local approval, the following activities are allowed in Maryland:
- Indoor fitness, gyms, martial arts, dance and other studio-type activities, limited to 50% capacity and with other public health protective measures.
- Indoor entertainment and recreational attractions and malls can reopen with public health protective measures.
- Schools buildings and Child Care Providers (with limitations)
- Outdoor Graduation Ceremonies and Outdoor High School Sports (with limitations)
covidLINK: Maryland’s COVID-19 Contact Tracing Initiative:
Information and FAQs
June 18, 2020
New and Revised Guidance for the Paycheck Protection Program:
Pursuant to the Payroll Protection Program Flexibility Act recently passed by Congress and signed into law by the President, SBA and the U.S. Treasury have issued new guidance as well as revised borrower and lender applications. Details here.
- Are self-employed and have no employees; OR
- Did not reduce the salaries or wages of their employees by more than 25%, and did not reduce the number or hours of their employees; OR
- Experienced reductions in business activity as a result of health directives related to #COVID19, and did not reduce the salaries or wages of their employees by more than 25%.
Full announcement here.
June 17, 2020
Federal Reserve Main Street Lending Program:
Information and Guidance for lenders and borrowers who would like to access this program, including an updated program overview reflecting changes made on June 8th to expand the program. Interested small and medium-sized businesses should speak to an eligible lender about applying for a Main Street loan.
Discussion with Senator Ben Cardin:
Thursday, June 18, 3:30 PM. The Maryland Chamber Foundation will host Senator Cardin, Ranking Member of the U.S. Senate Small Business Committee, will answer questions about supporting small businesses as they adjust to the lasting effects of COVID-19. Go to Facebook Live or YouTube to watch the conversation live.
Federal Resources for U.S. Small Businesses Affected by COVID-19.
Export Services Costs Relief:
The U.S. Department of Commerce’s International Trade Administration (ITA) and U.S. & Foreign Commercial Service (USFCS) are temporarily reducing or eliminating the costs of several of their export services, providing relief to U.S. businesses affected by COVID-19. This is intended to encourage the export of non-COVID-19-treatment-related “Made in the USA” products. Details here.
June 16, 2020
SBA Again Accepting EIDL Loan and Advance Applications:
As of June 15th, SBA has reopened the Economic Injury Disaster loan portal. Previously submitted applications will continue to be processed on a first-come, first-served basis. An EIDL may be used to pay debts, payroll, accounts payable and other expenses. The interest rate is 3.75% for small businesses and 2.75% for non-profits, with repayment terms of up to 30 years with a one year deferment.
Applicants may request, as part of their loan application, an EIDL Advance of $1,000 per employee, up to $10,000. The advance will not have to be repaid, and small businesses may receive an advance even if they are not approved for or decide not to accept a loan.
Maryland Back to Business Social Gathering Limit FAQs
(updated June 12th)
June 15, 2020
ATTENTION BLACK BUSINESS OWNERS:
The Smith School of Business @ The University of Maryland is currently developing a FREE education program to support Maryland residents and small/medium sized business owners in the aftermath of the pandemic.
We are seeking to hear from the voices of Black business owners to learn about your pain points in the wake of COVID-19 to ultimately inform the content we deliver.
Join us for a focus group led by the Smith School of Business Associate Dean, Victor C. Mullins and Michel Wedel, Pepsico Chair in Consumer Science.
Date: June 15
Time: 5-6PM (EST)
Date: June 17
Time: 10-11AM (EST)
RSVP for one Focus Group here
Updated Directives from the Maryland Department of Health:
Youth Camp Programs:
updated directive as of June 12th.
Community, Recreational, Leisure, Cultural and Sporting Events:
Updated directive as of June 12th.
Best Practices for Restaurants and Bars:
Updated guidance as of June 12th.
U.S. Food and Drug Administration best practices checklist for reopening food retail establishments.
Deadline to apply for a Paycheck Protection Program loan: June 30th.
SCORE’s Small Business Resilience Hub
June 12, 2020
Carroll County Health Department Supports Safe Reopening of Businesses in Carroll County:
Read the press release here.
Maryland Department of Health Implementation Directives:
Implementation directives from the Maryland Department of Health, pursuant to Governor Hogan’s executive order of June 10, 2020:
Restaurants and Bars:
DIRECTIVE AND ORDER REGARDING FOOD SERVICE ESTABLISHMENTS
Sports Activities/Gatherings (updated), Community, and Recreational Events:
DIRECTIVE AND ORDER REGARDING COMMUNITY, RECREATIONAL, LEISURE, CULTURAL AND SPORTING GATHERINGS AND EVENTS
Swimming Pools (updated):
AMENDED DIRECTIVE AND ORDER REGARDING SWIMMING POOLS
SBA – Business Loan Program Temporary Changes; Paycheck Protection Program:
Revisions to First Interim Final Rule can be read here.
Executive Order on Liquor License Fees:
New Executive Order signed by Governor Hogan on June 11th, authorizing suspension of alcoholic beverage license fees.
Federal Stimulus Program – Economic Impact Payments:
IRS portal to check the status of your payment.
CDC Guidance on reopening buildings after prolonged shut-down or reduced operations.
EPA Information on Maintaining or Restoring Water Quality in Buildings with Low or No Use.
June 11, 2020
Governor Hogan Announces Next Stage Two Re-openings:
At yesterday’s press conference, Governor Hogan added safe and phased re-openings through Stage Two of the ‘Maryland Strong: Roadmap to Recovery’ Stage Two will continue to be implemented with a flexible, community-based approach that allows local leaders to allow re-openings at their discretion.
Read the Governor’s updated executive order.
RE-OPENINGS EFFECTIVE FRIDAY, JUNE 12 AT 5:00 PM:
- INDOOR DINING. Restaurants can resume indoor operations at 50 percent capacity, with appropriate distancing, and following strict public health requirements consistent with the CDC, FDA, National Restaurant Association, and Maryland Department of Health
- OUTDOOR AMUSEMENTS. Outdoor amusements and rides, including miniature golf and go-kart tracks, may resume with appropriate health and safety protocols. Capacity restrictions at pools will be increased to 50 percent with strict safety guidelines still in place. Guidelines and Best Practices.
SCHOOLS AND CHILD CARE REOPENINGS:
- GRADUATION CEREMONIES. The governor is encouraging local school systems to plan and hold safe outdoor graduation ceremonies with appropriate capacity and social distancing measures in place.
- SCHOOL BUILDINGS. School systems may now begin bringing small groups of students and staff into school buildings. School systems are encouraged to prioritize summer instruction for vulnerable populations. All nonpublic special education schools may reopen to serve students with disabilities.
- CHILD CARE PROVIDERS. All child care providers may begin to reopen, and the number of individuals child care providers can have in one room has been expanded to a maximum of 15.
- OUTDOOR HIGH SCHOOL SPORTS. Outdoor high school sports may begin to resume practice and training activities within the same guidelines that were previously announced for youth sports programs
RE-OPENINGS EFFECTIVE FRIDAY, JUNE 19 AT 5:00 PM:
- INDOOR FITNESS ACTIVITIES. After an extra week of sanitization and safety preparations, indoor gyms, martial arts, dance, and other indoor studio fitness activities may begin to safely reopen at 50 percent capacity with strict health, distancing, and sanitization measures. Guidelines and Best Practices.
- CASINOS, ARCADES, AND MALLS. Casinos, arcades, and malls may also begin to resume operations with strict safety protocols.
June 10, 2020
Governor’s Press Conference: 5:00 pm Today:
Governor Larry Hogan will hold a press conference regarding Stage Two of the ‘Maryland Strong: Roadmap to Recovery.’ The press conference can be viewed live on Facebook, Twitter, or youtube.
Federal Reserve Expands Terms of Main Street Lending Program:
The Main Street Lending Program (which has yet to launch) will provide a total of $600 billion in financing for small and medium-sized businesses, with changes that should make it more accessible to businesses. Loans will be made through participating lenders.
The Fed will lower the minimum loan amount from $500,000 to $250,000, raise the maximum loan amount from $200 million to $300 million and extend the repayment period from four years to five years. Borrowers are not obligated to make principal payments for the first two years. The Fed will increase the portion of certain loans it buys from banks from 85% to 95%.
Second Round of State Grants to Manufacturing Companies:
Governor Hogan announced that Maryland has awarded an additional $1.6 million in a second round of grants to 25 Maryland companies for pivoting to or expanding production of Personal Protective Equipment (PPE). Awardees include Integral Components in Carroll County, and Patriot Technologies and Integrated Pharma Services in Frederick County.
Maryland Department of Commerce Grant and Loan Update:
Commerce has disbursed or approved nearly all of the $150 million allocated for state coronavirus relief grants and loans, including the manufacturing grants. 5,012 businesses have been approved for grants, and 4,300 awardees have been sent agreements. The State Comptroller’s Office has disbursed roughly half of the $65 million in grant funding.
Loan agreements are placed on a fast track once completed. Of the $75 million available for loans, $65 million will be awarded to applicants who filed in the first two days the program was open.
June 09, 2020
Paycheck Protection Program (PPP) Flexibility Act:
President Trump has signed the legislation into law. Read the SBA’s press release summarizing its key provisions. SBA, in consultation with the Treasury, will promptly issue rules and guidance, a modified borrower application form, and a modified loan forgiveness application implementing these legislative amendments to the PPP.
- Lengthens the loan forgiveness period from eight weeks to 24 weeks.
- Lowers the amount of PPP funds that must be spent on payroll from 75% to 60% and allows 40% for other qualifying expenses.
- Delays employer payroll tax payments through the end of 2020.
- Exempts borrowers from the FTE loan forgiveness reduction if borrowers are unable to return to the same level of business activity as before February 15, 2020, due to Covid-19.
NFIB Webinar Tomorrow:
NFIB will conduct a webinar on the Paycheck Protection Program Flexibility Act on Wednesday, June 10th at 12:00 noon.
Submit your questions ahead of the webinar to firstname.lastname@example.org.
June 08, 2020
Customer-Facing State Agencies Re-Open Today:
The Maryland Motor Vehicle Administration and other customer-facing agencies will begin reopening select branches to customers on a limited basis by appointment only. MVA re-openings here.
SBA Debt Relief for 7(a), 504, and Micro-loan Borrowers:
As part of its coronavirus debt relief efforts, the SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Micro-loans in regular servicing status, as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020. Details here.
Centralized Platform for Small Business Assistance:
America’s SBDC and the Association of Women’s Business Centers (AWBC) have developed a website with information from multiple federal agencies to assist small businesses with surviving and recovering from effects of the pandemic.
MD Labor Unemployment Assistance Phone Assistance Updates:
The Maryland Department of Labor has launched a new Interactive Voice Response (IVR) system to expand and improve the features available for unemployment insurance claimants. Using the IVR system, claimants can now file weekly claim certifications for both regular AND pandemic unemployment insurance claims by phone. Claimants can also file a telecert for multiple weeks, reset their PIN number, check their payment status, receive filing instructions, and more without having to connect with a claims agent.
To connect with the IVR system available 24/7, call 410-949-0022 or 1-800-827-4839, toll free. Please listen carefully as the voice message and many prompts, like the weekly certification questions, have changed. Applicants can familiarize themselves with the weekly certification questions before filing a telecert.
If claimants need to connect with a live claims agent to file a new claim or inquire about an existing claim, they should call 1-877-293-4125, toll free. Live claims agents are available from 7:00 a.m. to 6:00 p.m., Monday through Friday and from 8:00 a.m. to 12:00 p.m. on Saturday. Starting June 14th, Labor will have Sunday hours from 12:00 p.m. to 4:00 p.m.
If a claimant calls during business hours, they may now provide a callback number. When an agent becomes available, the system will call the number provided and connect the agent with the claimant. If the claimant stays on hold, they will be offered the opportunity to connect with a virtual agent to have their questions answered. For more information, go here.
June 05, 2020
Congress Passes Paycheck Protection Flexibility Act:
The bill enhances the Paycheck Protection Program by increasing the time small businesses can use funds and receive forgiveness from eight weeks to twenty-four weeks, and by reducing the payroll cost rule from 75 percent to 60 percent. The President is expected to sign the bill immediately, and the SBA and Treasury will be tasked to update their regulations, guidance and forgiveness application.
NFIB Research Center:
Survey results on the utilization and financial assistance of the Paycheck Protection Program (PPP) and the Economic Injury Disaster Loan (EIDL).
COVID-19 Resources from the Centers for Disease Control:
Printable guidance for employees, customers, and others.
June 04, 2020
Maryland to Move into Stage Two of Recovery:
At yesterday’s press conference, Governor Hogan announced that Maryland will begin to move into Stage Two of the “Maryland Strong: Roadmap to Recovery” with a safe and gradual reopening of workplaces and businesses, along with additional personal services and state government offices. Beginning at 5:00 pm on Friday, June 5th, non-essential businesses may open to the public. Specific closures are still in place. Read the press release and the Governor’s latest executive order.
This comes after the state’s positivity rate dropped to single digits, and total current hospitalizations fell to their lowest level in more than seven weeks.
As with Stage One, Stage Two will be implemented with a flexible, community-based approach that empowers individual jurisdictions to make decisions regarding the timing of reopenings. All 24 of the state’s jurisdictions have now entered Stage One.
To review previously published best practices, go to the state’s Back to Business site.
Take the Maryland Strong: Back to Business Pledge, and display a signed pledge for customers to see.
FAQs Regarding Face Coverings from the Maryland Department of Health.
June 03, 2020
Employee Refusal of Recall to Work or Applicant Job Refusal:
If an employee refuses a recall to work or an individual refuses an offer of work, employers must notify the Maryland Department of Labor’s Division of Unemployment Insurance (DUI) within 15 days after the refusal in order for DUI to consider whether the refusal will affect the individual’s benefits. Notification should be sent to DLUI‑DLLR@maryland.gov with the following information: date of offer, date of refusal, name and SSN of the individual, company name and Maryland Unemployment Insurance employer account number.
Grant Awards to Maryland non-profit organizations:
Maryland Humanities has awarded $515,000 in grants to 100 Maryland nonprofits, funded by the National Endowment for the Humanities as part of the CARES Act.
Grant Opportunities for Businesses:
Hello Alice is administering grants up to $50,000 to support business growth, including $10,000 emergency COVID-19 “Business for All” grants to help small businesses in crisis. Applications for COVID19 grants close on July 16, 2020, at 11:59 PM.
The Entrepreneurial Dream Project is a $100,000 non-dilutive grant fund and mentorship program benefiting new businesses that are building during #COVID19. Submissions are open through June 15th, 2020.
FEDEX #SupportSmall Grants:
FedEx has committed $1 million to grants for small businesses in the U.S. Each grant recipient will receive $5,000 plus a $500 credit from FedEx Office that can be used for printing banners, posters, floor graphics, custom branded boxes, and more.
June 02, 2020
Centers for Disease Control COVID-19 Employer Information:
Updated information to prepare office buildings for re-opening, as of May 27th.
Guidance from the Equal Employment Opportunity Commission (EEOC):
The EEOC recently updated its guidelines in response to the COVID-19 outbreak as they relate to the Americans with Disabilities Act (ADA).
U.S. Chamber Guidance on PPP Forgiveness:
Step-by- step guidelines designed to help borrowers understand the process by which their loan forgiveness amount will be calculated and the overall approach of the loan forgiveness process.
June 01, 2020
Maryland Department of Health FAQs on Food Safety:
Guidance updated May 29th on food safety for Phase I reopening of bars and restaurants.
Maryland Office of Tourism:
COVID-19 Travel and Tourism research resources. Insights into trends, impacts, and consumer attitudes.
Reminder: Maryland Manufacturing Network is a platform to connect suppliers and purchasers with PPE, hand sanitizer, cleaning equipment, and other items needed as businesses begin to reopen.
NFIB Webinar on Paycheck Protection Program Forgiveness:
June 3rd, 12:00 noon. Ten tips to maximize your loan forgiveness and Q&A. Register here.
BIO 2020: June 8-12
For 2020, the BIO International Convention will transition to a new, virtual event format, BIO Digital. This virtual gathering of the global biotech industry provides access to key partners via BIO One-on-One Partnering, educational resources to help drive business, and insights to continue critical research and development.
May 29, 2020
Governor Hogan Issues Two New Emergency Orders:
The first order extends a prohibition on utility shut offs and residential late fees. Electric, gas, water, sewage, phone, cable TV, and internet service provider companies are prohibited from shutting off any residential customer’s service or charging any residential late fees. This order now remains in effect through July 1
The second executive order expands services by state-licensed manufacturers of alcohol, including breweries, wineries, and distilleries:
- Allowing the service of alcoholic beverages in outdoor seating areas, consistent with the same Department of Health directives for restaurants and bars.
- Allowing third-party shipment to consumers by common carriers, such as FedEx or UPS.
Maryland Heritage Areas Grants Awarded:
Governor Hogan has announced that the Maryland Heritage Areas Authority (MHAA) has awarded 59 matching grants totaling $600,440 to heritage tourism nonprofits located in Maryland’s 13 Certified Heritage Areas. These grant funds support emergency operating costs that will help keep nonprofit organizations operational, as the COVID-19 pandemic and the associated economic ramifications continue. A complete list of grant awardees can be found here.
May 28, 2020
Governor Hogan Announces Completion of Stage 1 of Recovery:
At yesterday’s press conference, Governor Hogan announced resumption of outdoor activities, including outdoor dining at restaurants, bars and social/fraternal clubs; opening of outdoor pools, youth sports, and day camps, drive-in movie theaters, and tour boats, effective Friday, May 29th at 5:00 pm. Read the Governor’s order here.
- Guidance and best practices for restaurants
- Guidance and best practices for youth sports.
- MD Department of Health directives for youth camps.
- MD Department of Health directives for swimming pools.
Governor Hogan noted that health officials will continue to watch the data closely, and if these encouraging trends continue into next week, the state will then be in a position to move into Stage Two of the recovery, which would mean lifting the order on non-essential businesses.
Paycheck Protection Flexibility Act Progresses:
Today the U.S. House of Representatives plans to vote on the Paycheck Protection Flexibility Act (H.R. 6886). The bill would modify sections of the Paycheck Protection Program (PPP), extending loan forgiveness for expenses for up to 24 weeks and removing the limitation that restricts non-payroll expenses (rent, utilities) to 25% of the loan, among other changes.
Similar Senate legislation would also extend the window for the money to be spent. S. 3833 would double the loan forgiveness period to 16 weeks, and allow businesses to use the loan funds for investments to reopen safely. It would also extend the program through December 2020.
May 27, 2020
Governor Hogan will hold a press conference at 5:00 pm regarding the “Maryland Strong: Roadmap to Recovery.”
The press conference should be aired on local TV affiliates and can be streamed on youtube, Facebook, or Twitter.
2020 U.S. Census:
Every Marylander Counts! Maryland’s undercount in the 2010 census resulted in our state losing almost $1 billion in federal funding for critical programs. The census can be completed by mail, phone, or on-line.
News from the Federal Housing Finance Agency:
Fannie Mae and Freddie Mac (the Enterprises) have issued temporary guidance regarding the eligibility of borrowers who are in forbearance, or have recently ended their forbearance, looking to refinance or buy a new home. Details here.
FHFA will allow borrowers who are able to return to making their normal monthly mortgage payment the ability to repay their missed payments at the time the home is sold, refinanced, or at maturity. More information on this option.
Internal Revenue Service:
News of interest from the about the 2020 tax season.
Reminder: Employee Retention Tax Credit:
Employers that qualify for the CARES Act employee retention credit may treat health plan expenses paid to furloughed employees as qualified wages for purposes of the credit. Qualified employers that do not pay wages to laid off or furloughed employees, but continue health coverage for those employees, may treat the associated health plan expenses as qualified wages. More information here.
New Directions for Maryland Manufacturing:
Webinar Series from the Regional Manufacturing Institute of Maryland.
May 26, 2020
Maryland Back to Business Guidance:
General Guidance on re-opening, as well as new sector specific best practices for accommodations, construction and development, and personal services. Previously published guidance also for manufacturing, golf, marinas, and retail.
OSHA COVID-19 resources for businesses:
The information includes links to interim guidance (including OSHA enforcement policies) and other resources for preventing exposures to, and infection with, the novel coronavirus.
USDA Loan Guarantees for Rural Businesses and Ag Producers:
Under the CARES Act, USDA will be making available up to $1 billion in loan guarantees to help rural businesses meet their working capital needs during the coronavirus pandemic. Program information here.
Last Call for Rural Maryland Council grant opportunities:
The Fiscal Year 2021 Grant Cycle Phase 1 – Letter of Intent for the Maryland Agricultural Education and Rural Development Assistance Fund (MAERDAF) and the Rural Prosperity Investment Fund (RMPIF) closes Friday, May 29th.
May 22, 2020
Health Considerations and Tools from the Centers for Disease Control for businesses as they reopen.
U.S. Chamber Guide to PPP Loan Forgiveness: (updated May 20, 2020)
U.S. Chamber of Commerce has released an updated Guide to PPP Loan Forgiveness to help businesses navigate loan forgiveness under the Paycheck Protection Program.
U.S. Economic Development Administration Funding:
EDA has published a Notice of Funding Opportunity for additional Economic Adjustment Assistance funding under the CARES Act for economic recovery projects. Eligible grant applicants include local governments, public and private institutions of higher education, and nonprofits. Minimum award is $100,000 for investments that support construction, non construction, planning, technical assistance, and revolving loan fund projects.
May 21, 2020
MD Labor UI Update:
All regular unemployment insurance claimants are now able to file weekly claim certifications for prior weeks missed, in just one session, using BEACON One-Stop. These claimants, who were previously limited to filing one prior week at a time, should check their BEACON portal to see if there are new claim certification weeks available to file. If there are multiple weeks available, claimants can file them all to ensure that claim filings are up to date.
Back to Business:
Updates and best practices for Maryland companies reopening in conjunction with COVID-19.
SBA Coronavirus Pandemic Loans:
Comparison guide, updated May 13th.
May 20, 2020
Updated FAQs for PPL Lenders and Borrowers:
Current as of May 19th, reflecting SBA’s new guidance.
Key Information on Health Insurance Under the Affordable Care Act:
A Tip sheet on accessing health insurance through the ACA Marketplace for employees who do not receive health benefits through their employer.
Health Insurance Marketplace:
Information for businesses impacted by COVID-19. Guidance for employers who provide group insurance through the ACA.
Emergency Special Enrollment:
Available through June 15th through the Maryland Health Connection, Maryland’s health exchange under the ACA.
COVID-19 information for individuals already covered through a Marketplace plan can be found here.
May 19, 2020
Paycheck Protection Plan Loan Forgiveness Guidance:
Application and instructions, including several measures to reduce compliance burdens and simplify the process for borrowers:
- Options for borrowers to calculate payroll costs using an “alternative payroll covered period” that aligns with borrowers’ regular payroll cycles.
- Flexibility to include eligible payroll and non-payroll expenses paid or incurred during the eight-week period after receiving their PPP loan
- Step-by-step instructions on how to perform the calculations required by the CARES Act to confirm eligibility for loan forgiveness
- Borrower-friendly implementation of statutory exemptions from loan forgiveness reduction based on rehiring by June 30
- Addition of a new exemption from the loan forgiveness reduction for borrowers who have made a good-faith, written offer to rehire workers that was declined
U.S. Treasury Main Street Lending Program:
U.S. businesses may be eligible for loans if they meet either of the following conditions: the business has 15,000 employees or fewer, or had 2019 revenues of $5 billion or less. Minimum loan amount is $500,000. Once the program is operational, interested small and medium-sized businesses can apply for program loans by contacting an eligible lender. A description of eligible lenders can be found in the Program term sheets. Participation in loans will be purchased by the Federal Reserve Bank of Boston. Updated guidance, FAQs, and facility term sheets here.
May 18, 2020
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.
May 15, 2020
Carroll County to Move to Phase 1 Reopening:
Governor Hogan’s announcement on May 13th of the beginning of Stage One of the Roadmap to Recovery empowered county leaders to make decisions regarding the timing of re-openings in their individual jurisdictions. Read the press release detailing the Carroll County Board of Commissioners decision.
Maryland Commerce COVID-19 Relief funding:
While some businesses who applied for funding may have received approval notifications, please note funds are still being distributed on a first-come, first-served basis, beginning with those who applied on March 23. Please visit these FAQs for more information on disbursement.
Paycheck Protection Program Updates:
NFIB Guide to Calculating Loan Forgiveness.
SBA and U.S. Department of Treasury:
Updated FAQ document (5/13/20).
Updated Maryland SBDC COVID-19 Survival Guide:
Revised guide as of 5/13/2020.
FedEx Small Business Grant:
Federal Express is offering 200 $5,000 grants to for-profit businesses with less than $5 million in 2019 revenue and fewer than 50 employees. The business must have shipped in the last 12 months and/or plan to ship in the coming 12 months.
May 14, 2020
Governor Hogan Lifts Stay at Home Order; Phase I Re-opening Begins:
Review the new executive order and interpretive guidance regarding personal services, retail, manufacturing, and houses of worship re-openings.
Some personal services may reopen with up to 50 percent capacity, by appointment only, and with appropriate health and safety guidelines. Guidance and best practices for personal services.
may reopen at up to 50 percent capacity, with curbside pickup and delivery strongly encouraged, and all public health precautions in place. Guidance and best practices for retail stores.
may resume operations in a safe manner that protects the health of employees, with guidelines encouraging multiple shifts and other safety precautions. Guidance and best practices for manufacturing
HOUSES OF WORSHIP:
may begin to safely hold religious services, at up to 50 percent capacity, with outdoor services strongly encouraged. Religious leaders are strongly urged to do everything possible to keep their congregants safe, and particularly to protect the elderly and vulnerable within their congregations. Faith-Based recommendations for public worship.
Alternative Processes for marriage license applications and ceremonies.
May 13 2020
Maryland Manufacturing Network Supplier Portal:
A platform for SUPPLIERS to share their current resources and capabilities and for BUYERS to identify these suppliers and share their current and upcoming needs.
COVID-19 employee guidance from the Office of Maryland Attorney General Brian Frosh.
National Endowment for the Humanities Funding:
Under the CARES Act, NEH offers emergency relief funding to cultural institutions affected by COVID-19.
LISC Small Business Relief Grants:
Applications will be reviewed based on criteria designed to prioritize particularly challenged businesses. Final grantees will be randomly selected from the top scoring applicants. Third round of funding opens tomorrow, May 14th.
Centers for Disease Control COVID-19 Guidance:
Guidance Documents on a variety of topics. Updated regularly.
May 12 2020
New Video Tutorials for BEACON navigation:
The Maryland Department of Labor has created a second series of video tutorials to help Marylanders navigate their unemployment insurance account on the BEACON One-Stop portal.
Regional Manufacturing Institute of Maryland and the Economic Alliance of Greater Baltimore present a candid COVID-19 conversation:
May 13th, 10:00 am – 11:00 am. Baltimore County’s Lion Brothers CEO, Suzy Ganz, will share her company’s COVID-19 response and recovery experiences. No cost. Participation limited to manufacturers and program sponsors. Register here
SCORE Real-Time Mentoring:
Register to meet SCORE mentors live every Tuesday and Thursday, 2:00 pm – 5:00 pm EDT.
Maryland Back to Business Website:
Maryland business community leaders have developed industry-specific guidelines to help businesses as we enter this new era. These guidelines and best practices for Maryland companies will be made available on a new website. Guidance for marinas and golf courses is currently available. Additional industry sector guidance coming soon.
May 11 2020
New Unemployment Guide from the Maryland Department of Labor:
How to answer new weekly claim certification questions required by the U.S. Department of Labor. The guide lists new questions in the order they are asked, describes what the questions are asking claimants, and explains what answering “Yes” or “No” means.
Safety and Health in the Workplace under COVID-19:
OSHA standards and directives (instructions for compliance officers) and other related information that may apply to worker exposure to COVID-19.
Clarification Regarding Filing for Unemployment as a non-W2 worker:
Under the CARES Act, the PUA program was created for those not traditionally eligible for unemployment insurance, such as the self-employed and independent contractors. To be eligible for UI under PUA, you must FIRST be determined ineligible for regular UI. One of the eligibility requirements for regular UI is that you must have earned a sufficient amount of money as a W-2 employee, i.e. “wages.” If you did not earn a sufficient amount of wages, you were determined to be ineligible for regular UI. That is the basis for the confusing message that non-W2 UI applicants have received. MD Labor is working to make this language clearer.
May 8, 2020
Governor Hogan’s actions on legislation passed by the General Assembly during the 2020 legislative session:
Families First Coronavirus Response Act:
FAQs by the U.S. Department of Labor
Supplemental CARES Act Funding for Economic Development:
The U.S. Department of Commerce’s Economic Development Administration (EDA) will make grants under its Economic Adjustment Assistance (EAA) program, which is intended to be flexible and responsive to the economic development needs and priorities of local and regional stakeholders. EDA CARES Act Recovery Assistance investments will support a wide range of non-construction and construction activities in regions across the country experiencing severe economic dislocations brought about by the coronavirus pandemic. Details here.
RFP for Fast-Track Program for COVID-19 test development: The National Institute of Biomedical Imaging and Bioengineering (NIBIB) is urgently soliciting proposals and can provide up to $500 million across multiple projects to rapidly produce innovative SARS-CoV-2 diagnostic tests that will assist the public’s safe return to normal activities. Details on the program webpage.
Maryland Department of Labor Financial Relief Guide
May 7, 2020
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 May 7, 2020 at 7:00 a.m. Read the amended executive order here.
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.
May 6, 2020
SBA Paycheck Protection Program Updates and Implications:
Fri, May 8, 10:00 to 11:00 AM (EDT) Register here.
Presented by: Stephen Umberger, Baltimore District Director, U.S. Small Business Administration.
Maryland Department of Labor Update on UI Issues:
Secretary Robinson details the Department’s ongoing efforts to address claimant issues regarding eligibility. Read her full statement.
State of Maryland Roadmap to Recovery:
As discussions intensify on reopening Maryland enterprises, please share the necessary four building blocks to recovery outlined by Governor Hogan and the Roadmap to Recovery.
USDA Announces $100 million for BioFuels Infrastructure:
U.S. Secretary of Agriculture Sonny Perdue announced the Department of Agriculture intends to make available up to $100 million in competitive grants for activities designed to expand the availability and sale of renewable fuels. Read the bulletin here.
May 5, 2020
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.
May 1, 2020
BEACON One-Stop Online Application Issues:
New Information from the Maryland Department of Labor on addressing the technical challenges.
SDAT Filings and Tax Credits:
Homeowners’ and renters’ tax credit applications can be submitted through Maryland One Stop, and homestead tax credit applications through SDAT’s website. Online applications will be immediately acknowledged as received, but all applications are taking longer to process at this time.
PDFs of all SDAT filings and applications may also be downloaded, printed, and mailed, although the Department strongly encourages customers to complete transactions online when possible, as paper filings will take significantly longer to process.
New CDC Guidelines:
Reopening Guidance for Cleaning and Disinfecting Public Spaces, Workplaces, Businesses, Schools, and Homes.
April 30, 2020
Ten Steps All Workplaces Can Take to Reduce Risk of Exposure to Coronavirus – Poster from OSHA.
Reminder About UI Benefits Extension:
In addition to extending UI benefits to non-W2 workers, and providing a $600 per week additional benefit from March 29th through July 25th, the Pandemic Emergency Unemployment Compensation through the CARES Act adds another 13 weeks, if needed, onto the standard 39 weeks of unemployment eligibility.
Idea Cafe’s Small Business Grants. Up to $4,000. Past recipients used funding to purchase computers, hire part-time help, and create marketing materials.
Update on BEACON, Maryland’s unemployment website:
Since its launch on Friday, more than 245,000 accounts have been activated and more than 100,000 new claims have been filed. The website is now successfully activating an average of 33 accounts every minute, and an average of 780 claims are being successfully filed per hour.
April 28, 2020
SBA EIDL Advances Processed in Maryland: (as of 4/24)
Number of Advances: 12,462
Dollar Value of Advances: $56,961,000
SBA EIDL Loans Processed in Maryland: (as of 4/24)
Number of Loans: 462
Dollar Value of Loans: $105,259,200
Updated SBA Information about new EIDL applications:
With the additional funding provided by the new COVID-19 relief package, SBA will resume processing EIDL Loan and Advance applications that are already in the queue on a first come, first-served basis. Information on the availability of the EIDL portal to receive new applications (including those from agricultural enterprises) will be provided as soon as possible.
MD Department of Labor Steps to Address Overload of the UI System:
Virtual Waiting Line:
By entering this system, you will be able to see how many individuals are waiting for site access, receive an estimated wait time that is constantly updated, and sign-up to receive an email when the system is ready for you to access the platform. This will provide more certainty about when you will receive assistance, but, more importantly, it will help ensure the capacity problems the platform experienced in the past do not reoccur.
New Gating System:
On Sundays and Mondays, ONLY customers who are filing weekly claim certifications will be able to file. If you are unable to file your weekly claim certification on Sunday or Monday, you are not restricted from filing it on any other day. On Tuesdays through Saturdays, customers can file new claims as well as complete all other activities.
SDAT’s new online capabilities with regard to Good Standing status:
The Department has created a new Good Standing Checklist for business owners to proactively determine whether or not their business is in Good Standing with SDAT, and instruct them how to correct any deficiencies. SDAT strongly encourages all business owners to confirm now whether or not their business is in Good Standing by looking it up on SDAT’s free on-line search. The Department also encourages business owners to sign up to receive updates and timely email reminders to file these important documents.
For businesses not in Good Standing status, Maryland Corporations, LLCs, LLPs, and LPs; and Foreign (non-Maryland) Corporations and LLCs may now revive or dissolve their businesses online, and the Department is waiving the online expedited fee for these filings until 30 days after the State of Emergency is rescinded. If a Maryland business requests a certified copy of this filing at checkout, that expedited fee will also be waived. Penalty payments owed to the Department may also now be paid online, which is another reason businesses often are not in Good Standing status.
April 27, 2020
Payroll Protection Program and Economic Injury Disaster loan application portals reopen at 10:30 am TODAY. Apply for a PPP loan through an SBA approved lender. More than 90% of Maryland’s lenders are approved. This includes institutions other than banks. Apply for an EIDL directly on the SBA website.
Updated State Department of Assessments and Taxation website:
Maryland SDAT has updated its site to allow online filing of resolutions, which add, edit, or remove a resident agent and change the principal office location for businesses. In addition, Maryland LLCs can now file Articles of Cancellation online and other documents updating customers on the status of their filings, which have been enhanced to provide more detailed information, increase security, and ensure authenticity.
Maryland’s Roadmap to Recovery: On Friday, April 24th, Governor Hogan introduced Maryland Strong: Roadmap to Recovery, which provides a safe, effective, and gradual approach to reopening the state as it continues to combat the COVID-19 pandemic. The roadmap outlines four building blocks for a recovery plan and a staged reopening of Maryland businesses and activities. Details, including the complete plan, here.
Greater Washington Board of Trade briefing on the DMV’s path to recovery: Webinar with Virginia Secretary of Finance, Aubrey Layne; Chief Financial Officer of the District of Columbia, Jeff DeWitt; and Maryland Comptroller, Peter Franchot, who will share how they are approaching this crisis and what the path to fiscal, economic, and public health looks like in their jurisdictions.
April 24, 2020
Unemployment Insurance portal for non-W2 workers opens:
Today, April 24th, the Maryland Department of Labor is launching a new one-stop unemployment insurance application to allow all Marylanders to file all types of claims entirely online. This includes those who are eligible for regular benefits, CARES Act benefits, and individuals who were previously required to file by phone. Read an overview of the BEACON one-stop application.
House Passes $484 billion aid package:
The House of Representatives has passed the spending package the Senate passed earlier this week, which provides an infusion of funding for the SBA Economic Injury Disaster Loans (EIDL) and the Paycheck Protection Program loans. The President is expected to sign the bill today. The bill contains:
- $310 billion for the Paycheck Protection Program (PPP), with $60 billion of that money reserved for smaller businesses without existing banking relationships.
- $60 billion ($50 billion in loans and $10 billion in grants) for the Economic Injury Disaster Loan fund (EIDL), Farms and other agricultural programs are now eligible for those funds.
April 23, 2020
Maryland Business Relief Wizard:
The Maryland Business Relief Wizard is a tool that helps connect businesses with the resources and programming for which they’re eligible, streamlining the process of finding support. https://reliefwizard.net
Vendors Offering COVID-19 Supplies:
The Maryland Department of General Services has introduced a new Request for Information (RFI) template in eMaryland Marketplace Advantage (eMMA), the state’s procurement portal. If your company would like to be considered as a vendor for COVID-19 supplies, register in eMMA or update your existing vendor profile. Select the products and services code “42000000 – Medical Equipment and Accessories and Supplies.”
The RFI template is titled “COVID-19 Emergency Medical Supplies,” ID #BPM019116. The RFI is focused on the most critically-needed items, including ventilators, N-95 masks, facial protection, medical grade hospital beds, and general PPE.
State Tax Extensions:
Maryland business and individual income taxpayers will be given a 90-day extension for tax payments. No interest or penalty for late payments will be imposed if 2019 tax payments are made by July 15, 2020. Reach out to email@example.com with questions.
Comptroller Franchot also extended business-related tax filing deadlines to June 1. Businesses who paid their Maryland Sales & Use Taxes for March early may request a refund of their payment by emailing firstname.lastname@example.org or by calling 410-260-4020.
More SDAT information here.
Cyber SWAT Team Hotline and Assistance:
The Cybersecurity Association of Maryland Inc (CAMI) has launched a Cyber SWAT Team Initiative to provide a coordinated breach response effort to the increase in cybersecurity attacks as a result of the COVID-19 pandemic. Assistance is available to Maryland businesses.
Grants for Artists and Arts Organizations:
Maryland State Arts Council Emergency Grants.
April 22, 2020
Yesterday, the United States Senate approved roughly $484 billion in new Coronavirus aid. The House of Representatives is expected to vote on the bill tomorrow. The Senate bill contains:
- $310 billion for the Paycheck Protection Program (PPP), with $60 billion of that money reserved for smaller businesses without existing banking relationships.
- $60 billion ($50 billion in loans and $10 billion in grants) for the Economic Injury Disaster Loan fund (EIDL), Farms and other agricultural programs are now eligible for those funds.
For companies that have not already applied for the EIDL or PPP loan program, once the package is signed into law, this will be another opportunity. For the EIDL program, check the SBA website regularly for reopening of the application process. For a PPP loan, talk with your lender now. Get your application and documents together so you are ready to go when funding is available.
The Maryland Dept. of Commerce is no longer accepting applications for its Emergency Relief Manufacturing Fund. All applications are currently being reviewed. If you have already started an application, it must be completed by 5 p.m. on April 22 (TODAY) in order to be considered.
April 20, 2020
Save Small Business Fund: Application goes live at noon.
Helping small employers impacted by Covid-19 with $5,000 grants www.savesmallbusiness.com
Funding for Maryland local governments from the Coronavirus Relief Fund (CRF) established under the CARES Act: About $2.34 billion will be allocated to the State of Maryland. The five largest local governments (with a population in excess of 500,000) will receive a direct distribution from the U.S. Treasury of about $691 million. (Montgomery, Prince Georges, Baltimore County, Baltimore City, Anne Arundel County.) The remaining funds will be used on behalf of the State and the other 19 local governments. The local government share is estimated to be $364 million. The State will award half of the local share to each remaining county for COVID-19 health-related expenditures.
April 17, 2020
USDA Rural Development COVID Resources:
USDA has unveiled a one-stop-shop of federal programs that can be used by rural communities, organizations and individuals impacted by the COVID-19 pandemic.
Families First Coronavirus Recovery Act (FFCRA):
Here is an FAQ from the U.S. Department of Labor on leave and pay eligibility for workers.
Maryland Heritage Areas Authority Emergency Grants:
Operating grants up to $20,000 for nonprofit organizations that have been impacted by the COVID-19 pandemic. Applications will be accepted on a rolling basis, with deadlines falling on the first of each month until funds are used up. Nonprofit heritage tourism organizations located within the boundaries of a Certified Heritage Area are eligible. Guidelines and application information here.
Paycheck Protection Program (PPP) Approvals as of 4/13/20:
Approved loans (U.S.): 1,035,086
Approved loan dollars (U.S.): $247,543,393,521
MD approved loans: 11,937
MD approved loan dollars: $3,756,206,258
For applicants with questions related to state loan and grant applications (not for application status inquiries): email@example.com
April 16, 2020
On Wednesday, April 15th Governor Hogan issued a new executive order on Masks and Physical Distancing, effective 7:00 am, April 18th.
The Small Business Administration has begun issuing checks for the forgivable advances on the EIDL. Applicants should check their bank and email accounts, including their spam folder.
Due appropriations funding limits, the application portal for the EIDL–COVID-19 assistance program (EIDL loans and EIDL Advances) is temporarily closed.
Applicants who have already submitted their applications will continue to be processed on a first come, first served basis.
MD Department of Commerce Loan and Grant Applications Status:
The State’s database/workflow system places every completed application in the first workflow process, labeled as ‘in review’ in the OneStop system. The status will stay as ‘in review’ until the review team gets that specific application to move it forward. All applicants then have the ability to track their application through OneStop.
Business Good Standing:
The state grants and loans, as well as many local COVID-19 resources, require businesses to be in good standing with the State of Maryland. If you have questions about what this means and how to resolve situations of not in good standing, click here.
MARBIDCO Pandemic Adjustment Loan Program:
MARBIDCO is offering loans to help Maryland’s food and fiber producers, harvesters and primary processors adjust to the business disruptions caused by COVID-19. The program is targeted to assist existing agriculture or resource based enterprises in making timely adjustments to their business operations to help take advantage of new or continuing market opportunities. More information here.