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The Maryland Agricultural and Resource-Based Industry Development Corporation (MARBIDCO) has established the Pandemic Adjustment Loan Fund Program to help Maryland’s food and fiber producers, harvesters and primary processors adjust to the business disruptions caused by the COVID-19 pandemic. The program offers low-cost loans with flexible terms for working capital or equipment purchases. The maximum individual loan amount is $10,000, and no collateral security is required to be pledged to receive a loan. Applications for the Pandemic Adjustment Loan Fund must be submitted by May 31. The application form is available on the MARBIDCO website at www.marbidco.org.
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