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Chesapeake Bank of Maryland Business Clients

Businesses are vital to our local economy, and our goal is to help our business customers through this challenging time.  To that end, please be sure to review the following important information.

Small Business Administration (SBA) Paycheck Protection Program (PPP)

On March 27, 2020, the federal government approved an economic disaster relief program that will provide $350 billion in loans to small businesses via the Small Business Administration (SBA), as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act.  The Paycheck Protection Program will provide low-interest loans to cover payroll costs, rent, utilities, and mortgage interest payments.  As a certified SBA lender, we’re ready to help our clients during these uncertain times.  Click here to learn more.

 

Equal Housing Lender Digital Insight, an Intuit company Member FDIC NMLS #402427