Sports teams each donate $5M to support the relief efforts
Baltimore Orioles, Ravens partner to donate $10M to Key Bridge emergency fund
Sports teams each donate $5M to support the relief efforts
TO HELPING FOR THE LONG HAUL. THE KEY BRIDGE COLLAPSE IS AN ECONOMIC DISASTER FOR SMALL BUSINESSES. THEY’RE DESPERATE AND WE NEED TO DO EVERYTHING WE CAN SO THEY CAN REMAIN IN BUSINESS UNTIL WE CAN GET THE PORT FULLY OPERATING. THERE IS HELP FROM THE SMALL BUSINESS ADMINISTRATION ADMINISTRATOR ISABEL GUZMAN WAS IN BALTIMORE THURSDAY AT THE ASSISTANCE CENTER IN CANTON. SHE, ALONG WITH LOCAL AND FEDERAL LEADERS, MET WITH SMALL BUSINESS OWNERS BEHIND CLOSED DOORS. WE’RE SEEING SMALL BUSINESSES WHO ARE 100% RELIANT ON THE PORT FOR THEIR BUSINESSES IS COMPLETELY DEVASTATED. IT’S PEOPLE WHO DEPENDED ON THE EMPLOYEES OF THE PORT FOR THEIR EVERYDAY MAIN STREET BUSINESSES. IT’S, YOU KNOW, BUSINESSES THAT RELIED ON THAT INTERCONNECTED NESS OF COMMERCE FROM THE FRANCISCAN BRIDGE. THE SBA HAS LOANS AVAILABLE UP TO $2 MILLION TO HELP THOSE BUSINESSES THROUGH THIS TOUGH TIME. SENATOR CARDIN SAYS THROUGHOUT THIS DISASTER, THE FEDERAL GOVERNMENT HAS COME THROUGH WITH RESOURCES AND MONEY AND IS ALREADY DESIGNING A NEW BRIDGE. THERE ARE ALREADY POTS OF DOLLARS AVAILABLE THAT HAVE BEEN MADE AVAILABLE THAT FOR BOTH THE THE CHANNEL OPENING AND THE BRIDGE REPLACEMENT. BY AND LARGE, THIS WILL BE A BIPARTISAN EFFORT BECAUSE THIS IS A NATIONAL SUPPLY CHAIN. OBVIOUSLY THAT’S BEING INTERRUPTED HERE. BUT IN THE MEANTIME, THE SBA SAYS IT CAN OFFER NOT ONLY FINANCIAL SUPPORT, BUT ADVICE ON HOW TO TAP INTO ALTERNATE REVENUE STREAMS. GUZMAN IS URGING BUSINESS OWNERS TO TAKE ADVANTAGE. WE DEFINITELY KNOW THAT THIS IS A TIME OF ECONOMIC UNCERTAINTY WHERE THE THE SBA CAN PROVIDE THE SUPPORT THAT YOU NEED. GUZMAN SAYS THE BUSINESSES WILL START GETTING THAT LOAN MONEY IN ABOUT TWO WEEKS.
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Baltimore Orioles, Ravens partner to donate $10M to Key Bridge emergency fund
Sports teams each donate $5M to support the relief efforts
The Baltimore Orioles and Ravens together donated $10 million to support relief efforts related to last week's collapse of the Francis Scott Key Bridge.Video above: SBA leader visits Baltimore after bridge collapseThe teams each donated $5 million to the Baltimore Community Foundation's Key Bridge Emergency Fund.The fund was established to provide ongoing support to the recovery and resilience efforts for families, port workers, first responders, small businesses and communities affected by the March 26 Key Bridge collapse."The resiliency of our city has once again been sorely tested," Orioles owner David M. Rubenstein said in a statement. "Under the leadership of Gov. Wes Moore, and in collaboration with the Ravens, the Orioles offer this contribution to support those who keep our city, our state and our country in business.""Our heartfelt condolences are with the victims of this tragedy and their families," Ravens owner Steve Bisciotti said in a statement. "We are thankful to our first responders for their bravery and tireless work. The Ravens are honored to support the Francis Scott Key Bridge recovery efforts and affected Maryland families and businesses. We are confident that Baltimore and Maryland will keep displaying tremendous spirit and strength during this time of great need."The fund supports regional efforts to heal, respond and memorialize, in coordination with adjacent efforts with the foundation’s strategic partners, the teams said in a statement.
BALTIMORE —
The Baltimore Orioles and Ravens together donated $10 million to support relief efforts related to last week's collapse of the Francis Scott Key Bridge.
Video above: SBA leader visits Baltimore after bridge collapse
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The teams each donated $5 million to the Baltimore Community Foundation's Key Bridge Emergency Fund.
The fund was established to provide ongoing support to the recovery and resilience efforts for families, port workers, first responders, small businesses and communities affected by the March 26 Key Bridge collapse.
"The resiliency of our city has once again been sorely tested," Orioles owner David M. Rubenstein said in a statement. "Under the leadership of Gov. Wes Moore, and in collaboration with the Ravens, the Orioles offer this contribution to support those who keep our city, our state and our country in business."
"Our heartfelt condolences are with the victims of this tragedy and their families," Ravens owner Steve Bisciotti said in a statement. "We are thankful to our first responders for their bravery and tireless work. The Ravens are honored to support the Francis Scott Key Bridge recovery efforts and affected Maryland families and businesses. We are confident that Baltimore and Maryland will keep displaying tremendous spirit and strength during this time of great need."
The fund supports regional efforts to heal, respond and memorialize, in coordination with adjacent efforts with the foundation’s strategic partners, the teams said in a statement.
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