There are two programs available in Maryland:
- The Maryland Small Business COVID-19 Emergency Relief Loan Fund is a $75 million fund offering loans at no interest or principal payments due for the first 12 months, then converts the loan to a 36-month loan with a 2% interest rate per annum. Apply here.
- The Maryland Small Business COVID-19 Emergency Relief Grant Fund is a $50 million program offering grants of up to $10,000, not to exceed three months of demonstrated cash offering expenses for the first quarter of 2020. Apply here.