Office tower deemed unsafe after collapse

Empire Towers, a 10-story Glen Burnie building, was declared structurally unsound in July after its parking garage partially collapsed. The closure has trapped dozens of cars and displaced dozens of businesses.

Governor requests federal disaster loans

Gov. Wes Moore asked the U.S. Small Business Administration to provide Economic Injury Disaster Loans to affected businesses. The loans will help companies cover operating expenses while the building is stabilized.

“can navigate economic hardship and rebuild”

Loans offer generous terms for recovery

Disaster loans are available for up to $2 million at interest rates as low as 4% with terms up to 30 years. No interest accrues and no payment is required for the first year after disbursement.

Loans cover operating costs, not just damage

The funds can cover utilities, rent, payroll, and other operating expenses. Businesses without physical property damage can also access the loans, helping those displaced by the closure.

County adds grants to federal assistance

The Anne Arundel Economic Development Corp. is offering disaster recovery grants up to $2,500 for businesses in the building or within 150 feet of it. County leaders say the aid will help businesses plan for their future.

Tenants describe months of hardship

Since July, tenants have struggled without answers from building owners. One law firm paid for employee car rentals, while a medical clinic operates from a satellite office to serve urgent patients.

“This has been a terribly trying situation for our small businesses and area residents”