TPP is committed to providing resources to our members and colleagues. Please see below for helpful information. We invite you to submit pertinent information to Programs and Membership Director, Jen Brown, at jennifer.brown@paxpartnership.org.

  • General information from the Small Business Administration (SBA)
  • Learn more about Federal Disaster Relief Loans for business, private non-profits, homeowners and renters
  • Apply for low-interest disaster relief loans
  • President Donald Trump announced Wednesday, March 18, that the U.S. Small Business Administration (SBA) will provide low-interest loans to companies affected by the outbreak, and that he will ask Congress to increase funding for the SBA lending program to $50 billion.  For those interested in this loan program, please email Elizabeth.Carven@maryland.gov

    The loan program, called the Small Business Administration Economic Injury Disaster Loan (EIDL) for Corona Virus Related Economic Disruptions.  

    • What businesses are eligible?  Hotels, recreational facilities, charter boats, manufacturers, owners of rental property, restaurants, retailers, wholesalers, non-profits, and others. 
    • What can the funds be used for?  Fixed debts, payroll, accounts payable, and other bills that could have been paid had the COVID-19 emergency not occurred.
    • What are the loan terms?   The interest rate will be 3.75% for up to 30 years (2.75% for non-profits), and the first payment can be deferred for five months in most cases.
    • What is the definition of “small business”? 
      • Manufacturers:  varies by type but generally  less than 500 employees, but in some cases, less than 1,500
      • Wholesalers:  varies by type but generally less than 100 employees, but in some cases, less than 250
      • Retailers:  varies by type from less than $8 million in annual receipts up to about $40 million
      • Accommodations and Food Services:  restaurants, generally less than $8 million in average annual receipts; hotels, generally less than $35 million in average annual receipt

    Many businesses in St. Mary’s County will be eligible for a loan.  The loans can be as much as $2 million, but the amount granted will be based on the projected loss in revenue during the emergency period. 

    Information regarding the loan program can be found here:  https://disasterloan.sba.gov/ela/Information/EIDLLoans 

  • Link to letter sent on March 31 to SMC business community from Chris Kaselemis, Director, SMCDED
  • Facebook Group – Southern MD is Hungry – providing a list of SOMD Food service establishments providing carryout/to-go services 
  • Feed St. Mary’s – a list of locations (soup kitchens) providing meals as well as food pantries in St. Mary’s County
  • Ways to support local business in St. Mary’s County – list of restaurants offering carry-out/delivery and small businesses offering curbside pick-up
  • Click here for a letter sent March 19th to the business community from Chris Kaselemis, Director, St. Mary’s County Department of Economic Development. (Details highlighted below)
  • Maryland Receives SBA Economic Injury Disaster Declaration

    The entire State of Maryland is now eligible for the loan. Please contact the St. Mary’s office of the Maryland Small Business Development Center, Southern Region (301-934-7583) if you need additional assistance with the loan documentation. Click here for complete information.

    Information from the Maryland Department of Labor (Unemployment Insurance)
    The Division of Unemployment Insurance’s website and call centers are currently experiencing an unprecedented volume of users due to COVID-19. This may result in an unusually long wait time. During this state of emergency, our normal call center hours from 8:00 a.m. to 2:00 p.m, will be extended to 7:30 a.m. to 3:30 p.m. effective March 19, 2020. To contact a Claim Center, call 410-949-0022.   

    Who do I contact about the UI Bulk Claim process?
    You may contact the Maryland Division of Unemployment Insurance (DUI) via e-mail at UI.BulkClaim@Maryland.gov, or by calling the employer dedicated phone line at 410-853-1700 between 7:30 a.m. – 3:30 p.m., Monday through Friday.   

     

DoD website resources:

2020 Tax Season (filing and payment) deadline extended to July 15 (March 20, 2020) – https://www.cnbc.com/2020/03/20/ccoronavirus-mnuchin-says-irs-will-move-tax-filing-deadline-to-july-15.html

UPDATE from Regional Manufacturing Institute of Maryland (RMI)

In an effort to assist the State and the people of Maryland, the Regional Manufacturing Institute of Maryland (RMI) has created a database of Maryland manufacturing companies that make components, technologies, materials and products needed to fight COVID-19. Medical facilities and manufacturers are currently looking for this information.  This is available for anyone to access. The database will be shared with State leaders and key decision makers who will be helping to procure additional medical equipment and supplies much needed at this critical time.

 

You may view (or request to be added to) the directory here – https://rmiofmaryland.com/maryland-made-to-save-lives-directory/.