Financial Assistance

Frederick County Business Financial Tool


COVID 19 relief funding from the Federal government is a very dynamic and continuously updating resource.  The program information is accurate for programs that have been announced and the links to applications and programs are valid.  Because of the tremendous demand for funding under the programs, actual  loan and grant funds are subject to the availability of resources of the SBA.  Future cash funding of the SBA programs is subject to ongoing actions of the US Government.

This is a Community project put together with information from local leaders, TechFrederick, & Frederick County OED

Maryland Business Relief Wizard


The Maryland Business Relief Wizard is a tool that helps connect businesses with the resources and programming for which they’re eligible, streamlining the process of finding support.


$50 million in State Funding Available through Governor's Nonprofit Recovery Initiative (NORI): Governor Hogan has allocated $50 million to assist nonprofit organizations whose critical operations have been financially impacted by COVID-19 and state-of-emergency, through four grant programs to be administered by the MD Department of Housing and Community Development and the MD Department of Commerce. Organizations cannot receive grants from both departments. 

 $40 million will be administered by DHCD, of which $10 million will be made available for nonprofit licensees of the Maryland Behavioral Health and Developmental Disabilities Administrations. DHCD's press release can be accessed here, and Notice of Funding Availability, with more details, here

$3 million will be awarded through the Maryland State Arts Council (part of MD Commerce) for arts and cultural organizations affected by Covid-19 impacts. For more information contact Dana Parsons, or go here.  

Up to $8 million will be available from Commerce to nonprofits that have already applied for Commerce's Covid-19 Emergency Grant Program but were not able to be funded in the earlier round. For more information, contact 

SDAT's new online capabilities with regard to Good Standing status:

The Department has created a new Good Standing Checklist for business owners to proactively determine whether or not their business is in Good Standing with SDAT, and instruct them how to correct any deficiencies. SDAT strongly encourages all business owners to confirm now whether or not their business is in Good Standing by looking it up on SDAT’s free on-line search. The Department also encourages business owners to sign up to receive updates and timely email reminders to file these important documents.  

‚ÄčU.S. Chamber Guidance on PPP Forgiveness:

Step-by- step guidelines designed to help borrowers understand the process by which their loan forgiveness amount will be calculated and the overall approach of the loan forgiveness process.

The SBA has released the new PPP Loan Forgiveness Application Form 3508EZ, which is designed to streamline PPP forgiveness for certain businesses. While applying for forgiveness may still seem overwhelming - even with this simper form - the EZ form requires fewer calculations and less documentation. Join NFIB’s weekly webinar with Beth Milito and Holly Wade as they walk through the EZ form together and answer frequently asked questions.

The new PPP loan forgiveness applications reflect changes to the PPP made by the Paycheck Protection Flexibility Act of 2020, P.L. 116-142, which became law June 5. The applications and instructions are available in the links below:

Revised PPP Loan Forgiveness Application
EZ PPP Loan Forgiveness Application

Employee Retention Tax Credit:

This refundable tax credit is also available to companies that are not participating in the PPP.  More information here

City of Frederick COVID-19 Relief Grant Application

The COVID-19 Relief Grant will provide grants to nonprofit and other non-governmental civic organizations whose mission is to provide support to children who are 18 or younger and /or served by Frederick County Public Schools. Funds appropriated shall be used to promote the general welfare of children who reside in the City. Grants awards will not exceed $10,000.00 each and may be awarded to an organization only one time. Grants are contingent on funding availability.

EIDL – re-opened to all business types 

EIDL provides low interest, general purpose loans for businesses and nonprofits impacted by COVID-19. 

Having allocated the full $20 billion that was appropriated by Congress, SBA will discontinue making EIDL Advances to new applicants.  By law, the SBA is not permitted to issue new EIDL Advances once all program funding has been obligated. 

EIDL loan applications will still be processed even though the Advance is no longer available.   As a reminder, the loan portion of the EIDL program continues to have funds available at very affordable terms, including a 3.75% interest rate for small businesses and 2.75% for non-profit organizations, a 30-year maturity, and an automatic deferment of one year before monthly payments begin.  Every eligible small business and non-profit is encouraged to apply to get the resources they need.

SBA Debt Relief for 7(a), 504, and Micro-loan Borrowers:

As part of its coronavirus debt relief efforts, the SBA will pay 6 months of principal, interest, and any associated fees that borrowers owe for all current 7(a), 504, and Micro-loans in regular servicing status, as well as new 7(a), 504, and Microloans disbursed prior to September 27, 2020. Details here.

Check the Status of Your Maryland COVID-19 Loan/Grant

All businesses that have submitted an application for the Maryland Small Business COVID-19 Emergency Relief Loan/Grant can now check the status of that application by signing up for a Maryland OneStop account through the Maryland OneStop Portal.

Please be sure to use the same email address that was used in your original application. This does not offer updates on federal loan applications.

Main Street Lending Program 

This program offers generally larger loans to small and medium sized businesses based on their 2019 EBIDTA. Minimum loan size is $250,000. Check with your current bank or PPP lender to see if they are participating.

U.S. Chamber of Commerce Foundation – Save Small Business Fund

The U.S. Chamber of Commerce Foundation announced that they will be awarding $5,000 grants through the Save Small Business Fund. Applicants must have between 3 and 20 employees and be located in an economically vulnerable community which can be easily searched by zip code on their website.  Applications open April 20th.  Learn all the details here.

The Ogden Newspapers Community Marketing Grant

Ogden Newspapers has established a $1,000,000 grant fund to assist locally owned businesses with marketing during this challenging situation.

MARBIDCO Pandemic Adjustment Loan Fund Program  

Eligible farms and rural businesses can apply for loans up to $3,000 in working capital and up to $10,000 for equipment purchases at low interest rates with flexible terms.

City of Brunswick Small Business Sustainability Micro-Grant

The City of Brunswick, Maryland Economic Development Commission has created a micro-grant program to support existing businesses impacted from the COVID-19 outbreak.  No match component is required of businesses. This micro-grant is a one-time award of $1,000.00 with no repayment due. The City has allocated $30,000 in total funding for this program. At this time, nonprofits, churches, home-based businesses, banks/ financial institutions, investment real-estate entities, food trucks, and government agencies may not apply.

Maryland Restaurant Relief Fund

Up to $2,500 in grants to as many qualifying grantees as possible to help support the Maryland restaurant industry in need of financial assistance during this time.

Manning Media 

Free Business Directory to be hosted on Manning Media, Inc. website and promoted for Free on all Manning Media radio stations and social media pages.  To add your business click here.