(Last Updated: May 1, 2020): The Coronavirus (COVID-19) affects everyone in our community. There is a great deal of uncertainty at this time, but we will do our best to keep you informed with relevant up-to-date information.
Below is a brief list of resources for Waverly business owners and community members. If you have any questions or additional resources you’d like us to share, please email firstname.lastname@example.org.
General Information, Health, and Safety
For general information on COVID-19 from the Center for Disease Control and Prevention (CDC), click here.
For answers to frequently asked business-related questions, click here.
Loans, Funding and More
The Central Baltimore Partnership (CBP) has compiled a comprehensive COVID-19 Crisis Resource Guide with useful information for business, health, food and quarantine concerns.
The Baltimore Development Corporation created a survey to collect information on impacted Baltimore City businesses and non-profits due to COVID-19 to provide to state and federal resource partners.
The Baltimore Development Corporation’s “Baltimore Together” has compiled (1) A database of businesses that need community support – Business can add their business information to this database; (2) A “Business Survival Guide,” which includes information on loans and next steps for small businesses.
SBA Paycheck Protection Program (Resumed as of April 27): The SBA is offering loans for small businesses to keep their workers on payroll during the COVID-19 crisis. The SBA will forgive these loans if employees remain on the payroll for eight weeks, and money is used for payroll, rent, mortgage interest, or utilities.
Verizon Small Business Recovery Fund: LISC will use Verizon funding to award up to $10,000 to businesses facing financial pressure due to COVID-19. Round 2 is now closed. Round 3 will open on May 14.
Kiva Loans: Kiva is providing loans up to $15,000 with an extended grace period of up to 6 months during the COVID-19 pandemic.
News Release: On March 11, Maryland Comptroller Peter Franchot announced that business-related tax filing deadlines have been moved to June 1st. Please see the full release for additional details.
SBA Economic Injury Disaster Loan Advance (No longer accepting applications): The U.S. Small Business Administration (SBA) is offering Economic Injury Disaster Loan advances of up to $10,000 to small businesses during the COVID-19 crisis.
COVID-19 Layoff Aversion Fund (No longer accepting applications): This fund, launched by Governor Hogan’s Office and the Maryland Department of Labor, was created to prevent and/or minimize unemployment due to layoffs. Applicants may be awarded up to $50,000.
Maryland COVID-19 Emergency Relief Manufacturing Fund (No longer accepting applications): This $5 Million Manufacturing Fund, created by the Maryland Department of Commerce, is for Maryland manufacturers. Applicants may receive grants up to $100,000.
Maryland Small Business COVID-19 Emergency Relief Grant Fund (No longer accepting applications): This $50 Million Grant Fund, created by the Maryland Department of Commerce, is for Maryland businesses with 50 employees or less. Applicants may receive loans up to $10,000.
Maryland Small Business COVID-19 Emergency Relief Loan Fund (No longer accepting applications): This $75 Million Load Fund, created by the Maryland Department of Commerce, is for Maryland businesses with 50 employees or less. Applicants may receive loans up to $50,000.