MD Department of Commerce Update- June 17, 2020
Federal Reserve Main Street Lending Program:
Information and Guidance for lenders and borrowers who would like to access this program, including an updated program overview reflecting changes made on June 8th to expand the program. Interested small and medium-sized businesses should speak to an eligible lender about applying for a Main Street loan.
Discussion with Senator Ben Cardin:
Thursday, June 18, 3:30 PM. The Maryland Chamber Foundation will host Senator Cardin, Ranking Member of the U.S. Senate Small Business Committee, will answer questions about supporting small businesses as they adjust to the lasting effects of COVID-19. Go to Facebook Live or YouTube to watch the conversation live.
Federal Resources for U.S. Small Businesses Affected by COVID-19.
Export Services Costs Relief:
The U.S. Department of Commerce’s International Trade Administration (ITA) and U.S. & Foreign Commercial Service (USFCS) are temporarily reducing or eliminating the costs of several of their export services, providing relief to U.S. businesses affected by COVID-19. This is intended to encourage the export of non-COVID-19-treatment-related “Made in the USA” products. Details here.