As part of the American Rescue Plan Act that became law in March 2021, the Small Business Administration (SBA) has set up a $28.6 billion Restaurant Revitalization Fund (RRF). The RRF awards grants of up to $5 million per physical location and is capped at $10 million per entity and affiliates. These SBA grants will provide restaurants with the funding equal to their pandemic-related loss of revenue.
Did you know??
Hello BGH Friends and Family. Did you know you can scan a document on your phone or tablet just by taking a picture? Click on the links below and follow the directions. The scanned image will now be a pdf (instead of a photo/jpeg) that you can email as an attachment just like you would on your computer.
Maryland has been dealing with increased fraudulent unemployment claims since July 2020 but in the first six weeks of 2021 the fake claims have skyrocketed. Over 87% of claims investigated in Maryland were confirmed as fraudulent. Fraudsters are using identities and personal information stolen from prior data breaches such as Equifax, Target and the Federal Office of Personnel Management to file fraudulent unemployment insurance claims. Maryland continues to add new technology and safeguards to prevent and detect fraud, while working with banking institutions and federal partners to fight fraud.