The Baltimore Development Corporation (BDC) and the Neighborhood Impact Investment Fund (NIIF) have entered into a partnership with Opportunity Fund to expand the availability of Paycheck Protection Program (PPP) forgivable loans to Baltimore’s small businesses, sole-proprietors, and independent contractors.
If your business is located in Baltimore City and did NOT receive a PPP loan in 2020, you can now apply for a first PPP loan through Opportunity Fund’s online application portal by clicking here.
While all small businesses are encouraged to apply, Opportunity Fund is focused on providing PPP access to the smallest businesses, especially sole proprietors, those without banking relationships, and those who missed out on the first round of PPP.
The application deadline is March 31, 2021, but Opportunity Fund recommends applying by mid-March to allow for processing time.