Maryland Governor Larry Hogan says more than $10 million has been awarded to 445 small businesses saving more than 8,800 jobs via the Department of Labor’s COVID-19 Layoff Aversion Fund.
As the state has begun to recover from the pandemic, the Governor’s office says more than 156,000 jobs have been recovered decreasing the unemployment rate to 7.6 percent.
In a statement to Delmarva News Network, Governor Hogan said “The COVID-19 Layoff Aversion Fund is a critical part of our comprehensive relief efforts to help small businesses retain their employees and get through this difficult period.”
He continued “We remain committed to doing everything we can to help hard-pressed Marylanders and small business weather this storm and come back stronger than ever.”
The average award size is $22,738 per business.