Emergency Relief for Businesses

Maryland Coronavirus Information for Businesses

Independent Lenders

If you anticipate having trouble making a loan payment, please notify your lender or loan servicing company as soon as possible to discuss your options. Early and regular communication is important. Get more information from the Maryland Bankers Association. And, view a list of credit unions operating in Maryland and their contact information.

Local Programs

Small Business Association (SBA) Disaster Assistance for Maryland businesses

Below are additional resources provided by a number of federal and state government agencies that businesses may find helpful. Visit Maryland Business Express page as the situation develops and as new resources become available.

Employer & Worker Assistance

Licensing & Permitting

Source: Maryland Coronavirus (COVID-19) for Business

The CARES Act

The CARES Act was passed by Congress and signed into law on March 27, 2020. Read an overview here and a Q&A from the U.S. Senate Committee on Small Business and Entrepreneurship can be found here. More information from the U.S. Department of the Treasury can be found here. An eligibility guide for businesses can be found here.

In addition to establishing the Paycheck Protection Program, the CARES Act creates several new resources to assist businesses during this crisis:

  • Relief to States and Territories
    • The CARES Act also creates a $150 billion Coronavirus relief fund for states and territories.
    • $139 billion is set aside for states and is allocated based on population, using latest census data. There is a minimum of $1.25 billion per state. Maryland is expected to receive an estimated $2.344 billion. Local governments in jurisdictions with populations of at least 500,000 may request a direct payment from the U.S. Department of the Treasury.
  • Payroll Tax Credit
    • The CARES Act establishes a refundable, 50% payroll tax credit (the Employee Retention Credit) covering up to $10,000 paid per employee, including benefits from the period of March 13, 2020 to December 31, 2020. Read more, and find additional IRS guidance on Coronavirus tax relief here.
  • Additional Provisions
    • For companies with more than 500 employees, the CARES Act provides $500 billion distributed to distressed industries, including passenger airlines, cargo air carriers, and industries related to national securityRead more.
    • The CARES Act also includes support for economic development agencies and programs, including funding for the Community Development Block Grant, assistance to minority business development centers and minority chambers of commerce, several million for state arts and humanities agencies and partners, and more, to assist businesses in need. Read more.

What Chamber Members Are Saying:

"Being an active member of the Chamber is such a meaningful & rewarding experience. The number of resources, networking opportunities, and connections throughout the county that come with being a member has made my time here well spent. Along with the Chamber’s resources, I’ve also received an enormous amount of support during the pandemic and with my business that I would not have received without my membership."

Heidi Hiller, CEO of Innovative Party Planners

"The Greater Baltimore Chamber of Commerce has given me a greater appreciation for entrepreneurship and insight into running a small business.  The networking opportunities are priceless. I’ve had the privilege to meet so many like-minded business owners who are passionate about their craft.  I’ve been a member since 2018 and have witnessed the chamber go through so many obstacles and changes, but the camaraderie, support, and willingness to rally together in tough times really sets this chamber apart.  As a business owner, it’s refreshing to know that this resource exists whose mission is to help us thrive and grow through networking, partnerships, and giving back to our community."

Kimberly Fernandez, Owner of Girlkin Lashes

"The Greater Baltimore Chamber of Commerce is a crucial pillar of my business plan. The Chamber offers direct support relevant to my strategies for growth and sustainability. GBCC connects me with business owners and consumers in the community and fosters the relationship-building process. I find colleagues and business partners within the Chamber, and more importantly, reach clients outside the organization. My GBCC membership keeps my services and brand ‘top of mind’ and is a key aspect of my direct and drip marketing efforts. I show up and participate, and the GBCC model delivers."

Heidi Marie Bell, Owner at Heidi Marie Bell Photography

"The Greater Baltimore Chamber of Commerce feels like home! It’s great to be around like-minded business owners who are invested in our community. These types of organizations are meant to be more than just a title, more than just a resume builder, but an impactful experience, and that can be found here. There’s passion at every event the chamber hosts, and I guarantee that if you’re invested and genuine about networking, you’ll find meaningful connections at the very first event you attend. I did!"

Marcellis Mosby II, Owner at Disinfect It

"Joining the Greater Baltimore Chamber of Commerce was one of the best decisions for our business. We have been in business for 9 years and belong to many chambers and business associations. This has by far been the best! Beth and team do exactly what a chamber is supposed to do: they support your business, help you generate leads, and promote your business. They hold networking and events that will help your business grow!"

Joni Elmore, Owner at Kona Ice of Central Baltimore County

Businesses

Events

Member Employees