MARBIDCO is offering low-cost loans of up to $10,000 for agricultural businesses affected by the COVID-19 crisis.
Maryland Agriculture and Resource-Based Industry Development Corporation recently announced that it is offering a Pandemic Adjustment Loan available to food and fiber producers and harvesters to help with challenges posed by COVID-19. The loans range from $2,500-$10,000. Applications are being accepted until May 31st or until they run out of funds.
The program is targeted to assist existing agriculture or resource based enterprises in making timely adjustments to their business operations to help take advantage of new or continuing market opportunities.