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  1. Military Personnel and Veteran-Owned Small Business Loan Program: Small businesses that employ or are owned by military reservists, veterans, and National Guard personnel are provided with no-interest loans.

    • MPVOLP

      The Military Personnel and Veteran-Owned Small Business Loan...

  2. The Maryland Department of Commerce manages Military Personnel and Veteran-Owned Small Business No-Interest Loan Program which is available for the following: A small business owned by a military reservist or a National Guard member called to active duty; A small business that employs a military reservist or National Guard member called to ...

  3. The Military Personnel and Veteran-Owned Small Business Loan Program provides no interest loans of up to $50,000, from one to eight years, for businesses owned by military reservists, veterans, National Guard personnel and for small businesses that employ or are owned by such persons.

  4. The Military Personnel and Veteran-owned Small Business Loan Program provides no-interest loans of up to $100,000 for businesses owned by military reservists, veterans, and National Guard personnel and for small businesses that employ or are owned by these individuals.

  5. •As of Oct. 1, 2021, SBA Express Loan maximum was increased to a maximum of $500,000. •For all SBA Express Loans to veteran-owned small businesses the upfront guaranty fee has been permanently reduced to zero (as of Oct. 1, 2021). •SBA Veteran Qualifications: •Businesses must be 51% or more owned and controlled by an individual(s) in

  6. Military Personnel and Veteran Owned Small Business No-Interest Loan Program – The Maryland Department of Commerce administers this no-interest loan program (loan amounts up to $100,000) for business owners who fall under any one of the following categories: Military reservist or National Guard member called to active duty

  7. Maryland Military Personnel and Veteran-owned Small Business Loan Program (MPVOLP) provides no interest loans of up to $50,000, from one to eight years, for businesses owned by military reservists, veterans, National Guard personnel and for small businesses that employ or are owned by such persons.

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