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MD

Maryland Economic Adjustment Fund

Loans up to $150,000 for small and underserved Maryland businesses.

About this program

The Maryland Economic Adjustment Fund provides loans to small and underserved Maryland businesses for working capital, equipment, building renovation, real estate acquisition, site improvements, modernization, and market expansion.

Eligibility

Maryland small and underserved businesses with fewer than 50 employees that cannot obtain traditional financing on reasonable terms.

Requirements

  • Have fewer than 50 employees
  • Demonstrate creditworthiness and repayment ability
  • Use funds for eligible business purposes