COVID-19 Updates for Howard County Businesses 
March 31, 2020

HCEDA is committed to keeping our business community informed on support and resources available to companies affected by the Coronavirus. Please fill out this brief COVID-19 business survey to help inform HCEDA in its efforts to provide information and assistance in the most effective manner possible.  

Business News & Updates

SBA’s EIDL Loan Updates  
Businesses impacted by COVID-19 that apply for the SBA’s EIDL loan are eligible for a $10k forgivable advance. IMPORTANT: If you have already applied for the EIDL prior to March 30th, you will need to reapply through the new application to be eligible for the forgivable advance. Businesses may still be eligible even if their original application was denied. The application can be found here: Businesses are encouraged to apply as soon as possible. 
Guide to EIDL Loan and Application Information from SBA.

Guidance for Determining Essential vs. Non-essential Business  
For guidance on the new order regarding essential vs Non-essential, including a list of businesses, organizations and facilities which may remain open, please read the interpretive guidance herehere, and here. If “essential” or “non-essential” status is still unclear, please use this as guidance

FAQ for New CARES Act Unemployment Insurance Changes 
If you are unsure how the new CARES Act effects your unemployment insurance eligibility or benefits, Maryland Department of Labor’s has provided answers to frequently asked questions. For the general unemployment FAQ from the Department of labor please, click here.

For regular updates and more information on local, state, and national resources, please visit HCEDA’s Coronavirus Information Portal at   

If you have any questions regarding challenges your business may be encountering, you can also contact a business care specialist using our Contact Form.  

Howard County Economic Development Authorit

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