Maryland Small Business COVID-19 Emergency Relief Loan Fund
For for-profit businesses in the state that are in need of financial relief, Maryland is offering a $75 million fund. Loans through the Emergency Relief Loan Fund will have no principal or interest payments due for the first 12 months. After that time it will convert to a 36-month loan at 2% interest.
Full details of the loan can be found here: https://commerce.maryland.gov/fund/maryland-small-business-covid-19-emergency-relief-loan-fund
Maryland Small Business COVID-19 Emergency Relief Grant Fund
Full details of the grant can be found here: https://commerce.maryland.gov/fund/maryland-small-business-covid-19-emergency-relief-grant-fund
Maryland COVID-19 Emergency Relief Manufacturing Fund
Full details of the fund and a complete list of those Critical Needs Items identified by MEMA and DGS can be found here: https://commerce.maryland.gov/fund/maryland-covid-19-emergency-relief-manufacturing-fund