The Eastport Business Association, better known as the EBA, is a nonprofit organization founded in 1993 to enhance and promote businesses located in Eastport, a lively and eclectic peninsular neighborhood of Annapolis, Maryland. While the majority of our members are in the maritime industry, we represent over 52 professions. Read more about us.
Missed an email blast?
Click here.
June 22, 2009
June 18, 2009
June 16, 2009
June 10, 2009
May 21, 2009
SBA Federal stimulus funds for small & minority businesses
Program began June 15 - interest-free loans to repay debt
The America's Recovery Capital (ARC) loan program began on June 15 and it's so new that your banker may not be familiar with it yet. But if you have business debt that you are having trouble managing, this deferred payment loan program could be for you.
The ARC program consists of interest-free guaranteed loans up to $35,000 for established, viable, for-profit businesses that need short-term help to make principal and interest payments on existing debt such as mortgages, credit card payments, and other types of accounts payable. Depending on your circumstances, you might have as long as 6.5 years to pay it back.
While the US Small Business Administration guarantees the loan, the loan is made by commercial lenders. So your best bet it to go to your own bank to apply.
Click here to read a press release that outlines the guidelines for the use of funds. If you have questions, please contact Ruby Singleton Blakeney, Director, Small & Minority Business Enterprise Development, City of Annapolis Office of Economic Affairs by email or at 410 263-7940.
~~~~~~~~~~
Shop Local!
Times are tough right now, as you know. When making a shopping decision, please look over our list of members and see if there is local merchant who can provide the service or product you need. If not, check the Annapolis Business Association's membership list. In these difficult times, we need to support one another more than ever.
Think Globally. Act Locally, Eastport!
Is your businesses doing its bit for the planet? If so, tell us about it so we can give you credit for being a good corporate citizen. Learn about what some of your environmentally conscious EBA colleagues are doing.
~~~~~
Crime in Eastport
Help keep crime down. Report any suspicious activity to the police immediately. Use this number: 410 268-4141. For more information on crime reporting and how to keep your business safe, click here. And remember, the Annapolis Police Department will come to your business to conduct a free safety check on your premises. Just give them a call.