ELIGIBILITY REQUIREMENTS AND APPLICATION GUIDELINES

DEADLINE: JUNE 11, 2021

MAXIMUM GRANT PER BUSINESS

  • Maximum Grant Per Business: To be determined based on number of qualified applicants.
  • If you applied for the first two rounds of the Hotel & Motel Relief Fund Grant, you do not need to reapply. 

ELIGIBILITY FOR BUSINESSES AND NOT-FOR-PROFITS

  • Must be located in Talbot County.
  • Must have been in operation since November 1, 2020.
  • Must collect and remit accommodations tax.
  • Must be in good standing in the State of Maryland.
  • Must not be delinquent on any taxes for the years 2016, 2017, 2018, or 2019.
  • Must demonstrate a reduction in year-over-year gross revenue of at least 10% for the period of April 2020 – November 2020 compared to the gross revenue of April 2019 – November 2019 (unless property opened within those dates).
  • Must be open to the public for the provision of accommodation by no later than March 31, 2021.
  • Must be used for expenses from October 1, 2020, through June 30, 2021.
  • No single accommodations provider shall receive more than the maximum amount of $25,000.
  • Priority will be given to applicants that have not received prior funding from the COVID-19 Small Business Emergency Loan or Grant Program.

QUALIFYING EXPENDITURES

  • Normal operating costs such as rent or mortgage, utilities including sewer bills, job training, debt service, or similar costs.
  • Purchase of PPE, sanitation services, or other costs related to COVID-19.

 PROHIBITED EXPENDITURES

  • Purchase of equipment and soft goods.
  • Infrastructure improvements.
  • Technology upgrades not associated with COVID-19.

 APPLICATION PROCESS

  • Applications will be accepted by the Talbot County Department of Economic Development and Tourism, 11 S. Harrison Street, Easton, MD 21601.
  • Completed forms may be submitted online, by mail, and in person.

APPLICATION DOCUMENTS

  • Completed application form.
  • Description of the adverse impact of COVID-19 on business.
  • Explanation of how the funds will be used.
  • Line-item budget for requested funds.
  • Profit and loss statement comparing the period of April 2020-November 2020 with the period of April 2019-November 2019.
  • 2019 or 2020 business tax returns.
  • W-9 IRS Form.
  • Certification under penalty that all information is correct.

FINAL REPORT

  • Final report due 60 days after receipt of funds.
  • Must include letter that explains how money was spent, including a list of expenditures, as well as the business progress achieved.
  • Must include supporting documentation of expenditures such as copies of invoices and cancelled checks.
  • Additional documentation may be required for verification of expenditures.
  • Final report subject to audit.

FOR MORE INFORMATION

Contact Cassandra M. Vanhooser, Director, Talbot County Department of Economic Development and Tourism at (410) 770-8000; email cvanhooser@talbotcountymd.gov.