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Department of Commerce – Small Business Relief Grant and Loan Programs

Agency / Department: Department of Commerce

Resource: Small Business Relief Grant and Loan Programs

Details: Maryland Small Business COVID-19 Emergency Relief Loan Fund – This $75 million loan fund (for for-profit businesses only) offers no interest or principal payments due for the first 12 months, then converts to a 36-month term loan of principal and interest payments, with an interest rate at 2% per annum. Learn more.

How to apply: N/A

Link: https://commerce.maryland.gov/fund/maryland-small-business-covid-19-emergency-relief-fund-programs

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