The U.S. Small Business Administration (SBA) is providing low-interest, long-term Economic Injury Disaster Loans (EIDL) to small businesses affected by the Francis Scott Key Bridge collapse. The loans have been made available in response to a request for a disaster declaration from Governor Wes Moore. Businesses can apply for up to $2 million to help overcome temporary loss of revenue resulting from the bridge collapse. The funds can be used to pay normal operating expenses such as payroll, accounts payable, fixed debts, and other bills that can’t be paid because of the disruption. Small businesses in Maryland, the District of Columbia and some counties in Delaware, Pennsylvania, Virginia and West Virginia are eligible for the loans. Applicants may call the SBA’s Customer Service Center at 800-659-2955 to learn more about the eligibility requirements or apply online.
SBA EIDL – Fact Sheet – Francis Scott Key Bridge Collapse
SBA EIDL – Online Application – Francis Scott Key Bridge Collapse
In addition, the SBA worked in collaboration with city and county officials to open two Business Recovery Centers. Business owners and workers can walk into the center for assistance with a variety of issues including applying for the SBA EIDL loan or unemployment assistance. The centers are open Monday through Friday from 8 am to 6 pm and Saturdays from 10 am to 2 pm.
CareFirst Engagement Center
1501 S. Clinton St., Suite 100
Baltimore, MD 21224
Dundalk Renaissance Center
11 Center Place, Suite 201
Dundalk MD 21222
