Getting Your PPP Application Ready

January 14, 2021,

The details and procedures to apply for a PPP loan are now in place.  The best way to start is to contact your bank. If your bank is not participating, reach out to one of the participating banks.  To help you get started, checkout this very helpful overview put together by the NFIB: PPP-Second-Draw-Overview-for-Small-Businesses.pdf Here […]

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COVID Doesn’t Stop the General Assembly

January 13, 2021,

Chamber Hosts Legislative Preview The Maryland General Assembly returns to work today to start the 2021 legislation session.  The working environment will be much different as most committee meetings and public hearings will be held using an on-line format.  Legislators will have to occasionally meet in-person for a vote and will do so in shifts […]

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Does Your Business Qualify for the 2nd Round of PPP?

January 5, 2021,

Payroll Protection Program: Round 2 What Small Businesses Need to Know After a lot of political gamesmanship and delay, the Congress and the President finally approved another stimulus bill the Consolidated Appropriations Act (CAA). The bill is 5,500 pages and has an estimated cost of $900 trillion. Included in it was the renewal of the Paycheck Protection Program (PPP), that […]

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Anne Arundel County Chamber’s General Development Plan Comments

November 16, 2020,

Anne Arundel County Chamber of Commerce General Development Plan Comments Overview The Anne Arundel County Chamber of Commerce represents over 400 businesses located throughout Anne Arundel County and we are pleased to present these comments concerning the draft of the General Development Plan.  The comments presented in this document were prepared by the Chamber’s Legislative […]

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Governor Hogan Announces $250 Million ‘Maryland Strong: Economic Recovery Initiative’

October 23, 2020,

Doubles Commitment to Emergency Economic Relief for Marylanders to $500 Million Includes New Relief Programs and Expansion of Existing Programs for Businesses, Restaurants, Main Streets, Arts, and Tourism ANNAPOLIS, MD—Governor Larry Hogan today announced the $250 million ‘Maryland Strong: Economic Recovery Initiative,’ which will provide funding from the Rainy Day Fund to directly assist restaurants, […]

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Restaurants To Get Help with Outdoor Dining in the Winter

October 22, 2020,

As the weather gets colder, many restaurants are taking steps to provide heated outdoor dining options.  Both Anne Arundel County government and the City of Annapolis have established guidelines and an expedited permitting process to help restaurants get the temporary structures with heating up and running.  To find out more about the County process, click […]

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Chamber Meets with County Officials Regarding Position Paper

October 19, 2020,

Every business in Anne Arundel County, including the Anne Arundel County Chamber of Commerce has been impacted by the coronavirus. The State and County governments have been working to balance economic activity while ensuring public health. To do this, they have implemented various rules and regulation. Some of these have caused a significant operational challenges for many businesses, […]

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Time to Adjust COVID-19 Restrictions

October 1, 2020,

The Legislative Committee has prepared a Position Paper outlining the Chamber’s concerns about the implementation of COVID-19 restrictions by the County government.  The Chamber identified three specific issues: 1) there should be more focus on education about regulation, 2) flexible enforcement and 3) increased consideration about the impact each regulation has on business. Issue The […]

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America’s Labor Market Surprise: Unemployment rate down to 8.4%

September 10, 2020,

ECONOMIC UPDATE By: Anirban Basu September 4, 2020 America’s Labor Market Surprise: Unemployment rate down to 8.4% Over the past four months, America has added approximately 10.6 million net new jobs.  In August, we added another 1.4 million jobs, driving the nation’s unemployment rate down to 8.4% in the process. Many people re-entered the workforce. […]

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Economic Update: Anirban Says…

August 27, 2020,

ECONOMIC UPDATE By: Anirban Basu August 26, 2020 Housing Sales Through the Roof An abundance of housing construction and flawed lending produced the Great Recession. This time is different. This time, the owner-occupied housing segment represents a major source of economic strength in America even as the pandemic lingers. According to data from the U.S. […]

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