The federal program, renewed as part of an economic stimulus package passed last year, can provide up to $284 billion in loans.
maine businesses
Posted inBusiness, Local & State
Augusta wedding show on for Sunday, but with big changes
Pandemic rules require that attendance at the Augusta Civic Center be limited to 50 people at a time, including vendors.
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Posted inBusiness, Local & State
Maine jobless claims remain high as state implements new employer tax
More than 4,000 Mainers filed new claims last week, while a 0.13% payroll tax was implemented to help fund the unemployment compensation office.
Posted inBusiness, Food & Dining
The Wrap: COVID causes temporary closures, and 64 Pine St. is finally leased
Plus, foods to soothe pandemic anxieties, from doughnuts to plant-based dinners.
Posted inBusiness, Local & State
Portland cannabis testing lab shut down for operating without a license
ProVerde Laboratories was cited last month for operating a marijuana business without a permit, certificate of occupancy or business license and is shut down pending a reinspection next month.
Posted inBusiness, Local & State
New crane caps multiyear investment at Portland container terminal
Cargo volumes through the International Marine Terminal have surged as the port has added new equipment and efficiencies at the state’s sole container port.
Posted inBusiness, Local & State
PUC denies request to reinstate ban on CMP shutoff notices
The three-member commission ruled unanimously that CMP didn’t violate any laws related to issuing such notices.
Posted inBusiness, Local & State
In the Maine woods, preparations signal imminent start of CMP power line project
In court papers Monday, the developer says access road plowing started Monday and construction is expected to begin on or about Jan. 18.
Posted inBusiness, Local & State
Numerous marijuana-related bills expected in next legislative session
Proposals, still in the early stages, run the gamut from required testing of medical marijuana to sealing or expunging the records of those convicted of marijuana-related offenses.
Posted inBusiness, Local & State
State income tax issue looms over pandemic relief loan recipients
Unless the Legislature acts, Maine businesses and nonprofits could have a higher state tax burden than what federal tax rules require.