Executive Order re: Evictions and Foreclosures: Governor Hogan issued an executive order on April 3rd that covers both residential and commercial properties. Review the Executive Order here.
Small business owners can apply for both SBA loan programs but cannot use the funds for the same expenses or take advantage of both forgiveness programs. Sole proprietors, independent contractors, self-employed and nonprofits are also eligible for both loan programs. An EIDL can be refinanced into a PPP loan.