Small Business Administration (SBA) Disaster Loans

Governor Larry Hogan today announced that Maryland has received official designation from the U.S. Small Business Administration (SBA) for its Economic Injury Disaster Loan (EIDL) program, which provides low-interest federal disaster loans for small businesses impacted by the COVID-19 pandemic. According to the SBA, the loans will help alleviate financial strain and allow businesses to pay bills, payroll, and accounts payable, with long-term payments stretching up to 30 years. 

Detailed information is available here.

Small businesses and private non-profit organizations can apply directly to the SBA for financial assistance here. 

Financing has also been made available through the Maryland Department of Commerce and the Maryland Department of Labor, Licensing, & Regulation. Please see below for the program information and select the link in which you would be interested in learning more about.

Maryland COVID-19 Emergency Relief Fund Programs for Businesses (Commerce)
Maryland has authorized $130 million in loan and grant funding for small businesses and manufacturers that have been negatively impacted by the Coronavirus (COVID-19). This emergency assistance provides interim relief and proceeds that can be used to pay cash operating expenses including payroll, suppliers, rent, fixed debt payments and other mission-critical cash operating costs.

If you are a Maryland-based business impacted by the Coronavirus with under 50 full- and part-time employees, or a Maryland manufacturer, check out the programs below to see if you qualify for assistance.

 Maryland Business Express- We have assembled information and resources that businesses may find helpful as it relates to the Novel Coronavirus Disease 2019 (COVID-19) outbreak and business in Maryland https://businessexpress.maryland.gov/

Contact: For more information about this COVID-19 grant fund, send an email to
 Commerce COVID-19 Assistance fpaaworkflowcoordinator.commerce@maryland.gov 



COVID-19 Layoff Aversion Fund - Workforce Development and Adult Learning (DLLR)
Governor Larry Hogan and the Maryland Department of Labor have launched the new COVID-19 Layoff Aversion Fund, which is designed to support businesses undergoing economic stresses due to the pandemic by preventing or minimizing the duration of unemployment resulting from layoffs. The award (up to $50,000 per applicant), will be a quick deployable benefit and customizable to the specific needs of your business to minimize the need for layoffs.
Labor is accepting grant applications from small businesses for awards from now through 30 days after the State of Emergency ends (subject to funding availability).

How can it help me?
  • Providing funds to cover the cost of purchasing remote access (ex. computers, printers, etc.) equipment to allow employees to work remotely from home versus being laid off;
  • Providing funds to cover the cost of purchasing software or programs that an employee would need to use from home;
  • Supporting businesses that take advantage of the Unemployment Insurance Work Sharing Program by supplementing the employee’s income and benefits;
  • Providing funds to cover the costs of cleaning/sanitization services so that small businesses are able to keep employees at work on site, but only if a frequent deep cleaning to prevent exposure occurred;
  • Paying for liability insurance for restaurants that convert to delivery while under emergency circumstances;
  • Providing funds for training or professional development opportunities for employees to avoid layoffs; and
  • Adopting other creative approaches and strategies to reduce or eliminate the need for layoffs in the small business community.
Examples of how a business may demonstrate the need for layoff aversion funds:
  • I run a call center where employees usually work in an office setting. To support social distancing, I’d like my employees to work remotely, which will require equipment such as reliable headphones and laptops for each employee. If they do not have this equipment, I will need to layoff my staff.
  • I could ask employees to use their personal phones and work remotely, but I do not have the funds to support the cell phone packages. If provided funds to reimburse employees for the increased data usage, my business could avoid layoffs.
  • My employees could work remotely if they had a specific software or computer application, but I cannot afford to purchase. Without this software, I will need to layoff my workforce until we can go back to the office.
  • I need my 8 employees to continue to work on-site, but I am concerned about their potential exposure to COVID-19 and cannot afford frequent deep cleaning to help limit potential exposure. If I had funds to support the deep cleaning, it would allow my workers to continue to work and would foster a safer work environment.
  • Due to the impacts of COVID-19, my employees have more downtime than usual. If I were able to offer the opportunity for them to take project management training online during this downtime, they will increase their skillsets, making them a valuable asset to our company and less likely a candidate for layoff.
Get Started Now!
Submit your completed application to: LaborCOVID19.layoffaversion@maryland.gov.

Labor staff will process applications within two business days of receipt. Upon approval and receipt of signed contract, payment will be expedited.

For More Information…


Contact the
 Division of Workforce Development and Adult Learning LaborCOVID19.layoffaversion@maryland.gov 

Maryland Coronavirus (COVID-19) Information
Please click on the following link:  https://govstatus.egov.com/md-coronavirus-business

For the most up-to-date information pertaining to the business community and COVID-19: visit https://businessexpress.maryland.gov/coronavirus

If you have specific, business-related questions: email secretary.commerce@maryland.gov