SBA Paycheck Protection Program

If you’d like to submit an application, please contact your loan officer directly. If you need help getting in touch with them, please call 888.339.3334 or email info@mafc.com.

Resources: 

SBA PPP Overview Sheet

SBA PPP Borrower Fact Sheet

SBA PPP Website

How do I  apply?

If you’d like to submit an application, please contact your loan officer directly.

Am I eligible for a PPP loan?

You are eligible for a PPP loan if you have 500 or fewer employees whose principal place of residence is in the United States, including nonprofits, veterans organization, tribal concerns, self-employed individuals, sole proprietorships, and independent contractors, or are a business that operates in a certain industry and meet the applicable SBA employee-based size standards for that industry. In addition, your business must meet current Farm Credit eligibility requirements to obtain funding from a Farm Credit institution.

Who do I contact if I’m interested in applying for a SBA PPP loan through MidAtlantic?

Contact your loan officer directly as soon as possible. If you have trouble reaching them, you can also call us at 888.339.3334 or email us at info@mafc.com.

USDA Coronavirus Food Assistance Program (CFAP)

As part of the CARES Act, CFAP is intended to provide financial assistance to producers of agricultural commodities who have suffered a five-percent-or-greater price decline or who had losses due to market supply chain disruptions due to COVID-19 and face additional significant market costs. 

Read the full Summary of the program here

Frequently Asked Questions about CFAP

Applications can be submitted to USDA's Farm Service Agency (FSA) starting on May 26 and are not provided through Farm Credit. Click the button below to go to the application page. 

Economic Injury Disaster Loan (EIDL) Emergency Advance

In response to the Coronavirus (COVID-19) pandemic, small business owners, including farmers, in all U.S. states, Washington D.C., and territories are eligible to apply for an Economic Injury Disaster Loan advance of up to $10,000. These are direct SBA loans and are not provided through Farm Credit.

Other Funding Opportunities

As our environment changes as a result to the pandemic disruptions, other organizations may be offering additional funding opportunities to small businesses. We will list programs here as they are announced. 

National

USDA Coronavirus Food Assistance Program (CFAP)

Maryland

MARBIDCO - Pandemic Adjustment Loan Fund Program (PALFP)

Maryland Restaurant Relief Fund

Pennsylvania

The Giant Company, $250,000 in Grants for PA Small Businesses during COVID-19