Business Information related to Coronavirus impacts

Hello!

In an effort to collect the most accurate and up to date information, we ask that you please complete this form with information about your business related to the most current coronavirus restrictions as of 3.16.2020.

We will be sharing this information in a collected form with the public.

SBA Emergency Loans – Guidance:

Complete this form related to economic impact to your business related to the coronavirus. DOWNLOAD SBA FORM HERE.

Forms need to be submitted to Department of Commerce – Dorchester County contact directly. Please contact Katie@downtowncambridge.org for instructions to submit.

SBA LOAN RESOURCE PAGE ONLINE

State of Maryland financial programs COVID-19 – Guidance: (listed are resources most relevant to our downtown business community)

Utilize the State of maryland Department of Commerce resource page found HERE.

MD Small Business Emergency Relief GRANT Fund – grants up to $10,000 supporting rent, utilities, etc during disruption to services. (Department of Commerce)

MD Small Business Emergency Relief LOAN Fund – 0% for 12 months, converts to 2% interest for 36 months. Up to $50,000 in loan funds, for businesses with 50 or fewer employees. (Department of Commerce)

Layoff Aversion Fund – up to $50,000 in loan support, commitment to response within 2 business days and technical assistance to complete / apply. (Department of Labor, licensing – DLLR).

Other programs – US Department of Labor Dislocated worker grant, Workshare Program. Assisting with workers who must transition to work-at-home, and those who work may be now part-time / part unemployed.

Coronavirus Business information

We are gathering information about downtown businesses to share with the public about curbside/delivery, temporary closings.