PPP FAQ 

​The federal Paycheck Protection Program has changed several times. Here are answers to the biggest questions about the program. From the U.S. Chamber.

Free Upcoming Webinars

PPP Round 2 Application Step-by-Step and Vaccine Updates for Small Businesses
Wednesday, January.13, 2021 at 12:00 p.m.
Join NFIB's next COVID webinar for in-depth discussion of the rules for a second PPP loan. We will also be joined by Jessica Brown, Esq., an employment attorney from the law firm of Gibson Dunn to address common employer questions related to the COVID vaccine.
Beth, Holly, and Jessica will cover the following important topics:
  • The NEW SBA PPP guidance and application
  • Steps to determine eligibility for a second PPP
  • Steps to calculate the amount of a second PPP
  • Employer considerations for mandating vaccinations and required exceptions
  • The latest on the CDC’s vaccine prioritization plan
Participants can download the new SBA PPP Applications in advance of Wednesday's webinar:
  1. First PPP Draw Borrower Application (Updated 1/8/21) 
  2. Second PPP Draw Borrower Application (Released 1/8/21)
Submit your questions in advance here.

​SBA WEBINAR TOMORROW TUESDAY, JANUARY 12TH, 1:00-2:30 P.M.
WEBINAR - PPP & EIDL UPDATES

This webinar will help you to understand what will be required for you to apply and will outline the available options of the PPP and other programs:
 
☑️ PPP Guidelines for First-Time and Second-Round Applicants 
☑️ PPP Revised Eligibility, Uses, & Forgiveness
☑️ Economic Injury Disaster Loan (EIDL)
 
Q & A with Roderick Johnson SBA 
Washington Metropolitan Area District Office (WMADO)
 
Tuesday, January 12, 2021
1:00PM - 2:30PM

Registration is now open for the first-ever virtual SMARTProc GovCon on January 22, 2021.
​

Check out the website here: SMART PROC GOVCON 2021| Virtual Conference
 
For nearly two decades SMART PROC GOVCON has helped small businesses navigate the federal procurement system with focus areas on the contracting and programs at Fort Detrick, Aberdeen Proving Ground, Fort Meade, and the Civilian Agencies in the Mid-Atlantic Region. This year, the Mid-Atlantic’s best-kept secret will be held virtually. The Fort Detrick Alliance is proud to sponsor this event in its 18th year. It is the premier event to bring together government and industry to provide invaluable insight on federal procurement priorities for FY21 and beyond.
 
Registration and more information can be found here: https://registration.socio.events/e/smartprocgovcon

SBDC is Offering a Western Maryland Retail Resiliency Webinar Training Series in January

Contact Jennifer Hart at jhart124@umd.edu for more information about this event or to inquire about Maryland SBDC's free business consulting.

COVID-19 Resource Guide From Congressman Trone

This Community Resource Guide has information from federal, state, and local sources that you can use to keep you and your family safe.
COVID-19 Community Resource Guide.pdf
File Size: 1123 kb
File Type: pdf
Download File

Shopping Small and Free Resources for Small Businesses During the Holidays

​This year, more than ever, small businesses will need the support of the community during the holiday season.
 
CLICK HERE for free resources for small businesses to utilize throughout the holiday season.
 
Now is the time to mask up, watch our distance, and Shop Small as we support the businesses that are the heartbeat of our communities across Washington County. If you can support a small business by shopping online or purchasing a gift card, it is strongly encouraged.

Link to Governor Larry Hogan's YouTube Channel

Here is a link to Governor Larry Hogan's YouTube channel: https://www.youtube.com/channel/UCbheDE_LMwHyl3VShzU73wA
You'll find videos of his press conferences regarding COVID-19 on this channel.

Link to Maryland's COVID-19 Business Response Site

​Link to Maryland's COVID-19 Business Response site: https://govstatus.egov.com/md-coronavirus-business
Here you'll find resources related to COVID-19.

Link to the U.S. Chamber of Commerce COVID-19 Site

Link to the U.S. Chamber of Commerce COVID-19 page: ​https://www.uschamber.com/coronavirus
Tips on how to maintain the success of your business throughout the COVID-19 pandemic.

SBA Releases Updated PPP Loan Forgiveness Application

Please find below the links for the updated PPP Forgiveness Application and Instructions

https://www.sba.gov/document/sba-form--paycheck-protection-program-ez-loan-forgiveness-application-6-16-2020

​https://www.sba.gov/sites/default/files/2020-06/PPP%20Loan%20Forgiveness%20Application%20Form%20EZ%20Instructions%20%28Revised%2006.16.2020%29.pdf

Maryland Restaurant Reopening Guidance Webinar Slides:

Download the slides from a webinar on restaurant reopening guidance. Put together through the Maryland Department of Commerce, Department of Health, and Restaurant Association of Maryland.
DOWNLOAD HERE

COVID-19 Back to Business Toolkit: Download Available

​About three weeks ago your chamber, along with a number of community partners in the private, public, and non-profit sectors began working on a safe and responsible plan to reopen our businesses. This plan, now a toolkit, is ready to share with you. The goal of the plan and toolkit is to balance the health and well-being of our citizens AND allow our businesses to reopen in a systematic and safe manner.
DOWNLOAD .pdf HERE

U.S. Chamber Publishes New Paycheck Protection Program Guide to Forgiveness

The U.S. Chamber published a new Paycheck Protection Program Guide to Forgiveness. Like previous guides, this document provides businesses with an easy to understand explanation of what they need to do to apply for forgiveness of their PPP loans. Click here to download the guide. Please note, this guide will be updated as new guidance is issued by the Dept. of the Treasury.