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Snow Hill Maryland
  • Home
  • COVID-19
    • Covid-19 Information for Residents
    • COVID-19 Information for Businesses
  • Government
    • Town Charter
    • Forms & Permits >
      • Permits & Applications
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      • Main Street Website
      • Design Committee
      • Economic Vitality Committee
      • Organization Committee
      • Promotion Committee
    • Mayor & Council >
      • Request for Proposal (RFP)
    • Town Meetings >
      • 2020 Meeting Minutes
      • 2021 Meeting Minutes >
        • JANUARY 2021
    • Political Mapping
    • Town Departments >
      • Employment
      • Fire Department
      • Police Department
      • Public Works
      • Town Hall
      • Wastewater Treatment
      • Other
    • Plans & Ordinances >
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      • Strategic Revitalization Plan
      • Sturgis Master Plan
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The Cares Act

4/15/2020

 
The recently passed CARES Act provides additional federal assistance in which businesses can tap into. These opportunities include:
  • Debt Relief to Existing SBA loans
  • Employee Retention Tax Credit
  • SBA Express Loans (cap raised from $350,000 to $1 million through December 31, 2020)
  • Exchange Stabilization Fund
$454 billion was provided to the U.S. Treasury Department to back various forms of assistance. The Treasury Department and Federal Reserve have broad discretion in how the financial assistance will be provided - which has yet to be decided. Eligibility is broadly defined. We will continue communicating more information as the programs are established.


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103 Bank Street
Snow Hill, Maryland
21863

410-632-2080

  • Home
  • COVID-19
    • Covid-19 Information for Residents
    • COVID-19 Information for Businesses
  • Government
    • Town Charter
    • Forms & Permits >
      • Permits & Applications
      • Rental Contracts
    • Main Street >
      • Main Street Website
      • Design Committee
      • Economic Vitality Committee
      • Organization Committee
      • Promotion Committee
    • Mayor & Council >
      • Request for Proposal (RFP)
    • Town Meetings >
      • 2020 Meeting Minutes
      • 2021 Meeting Minutes >
        • JANUARY 2021
    • Political Mapping
    • Town Departments >
      • Employment
      • Fire Department
      • Police Department
      • Public Works
      • Town Hall
      • Wastewater Treatment
      • Other
    • Plans & Ordinances >
      • Historic District Guidelines
      • Strategic Revitalization Plan
      • Sturgis Master Plan
      • 2017 Tourism Assessment
  • Find an Adventure
    • Accommodations
    • Bars & Restaurants
    • By Season
    • Events
    • Photo Galleries
  • For Residents
    • News
    • Online Payments
    • Sign Up for eNews
    • Holiday Closings & Trash Schedule 2020
  • Businesses
    • Start a Business
  • Maps
  • Contact