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PublishedFebruary 10, 2021
More than 6,000 Maine employers receive new pandemic aid
About $463 million in new Paycheck Protection Program forgivable loans has been approved in the month since applications started.
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PublishedFebruary 9, 2021
Gov. Mills offers compromise to give tax break to 99% of business loan recipients
The proposal would extend full state tax relief to the first $1 million received by small businesses and nonprofits under the Paycheck Protection Program.
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PublishedFebruary 4, 2021
Maine lenders report less demand for latest round of pandemic relief loans
Reduced demand for Paycheck Protection Program loans is likely the result of stricter requirements, other funding options and the recovery of some industries.
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PublishedJanuary 15, 2021
Maine lenders ready for second round of Paycheck Protection Program
The federal program, renewed as part of an economic stimulus package passed last year, can provide up to $284 billion in loans.
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PublishedJanuary 10, 2021
Our View: Small-business growth is the recession’s cure
The job loss in 2020 was worse than any recession in the last 50 years and will take extraordinary action to bring jobs back.
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PublishedDecember 21, 2020
Passage of federal pandemic aid bill gives Mainers glimmer of hope despite shortcomings
The $900 billion package that passed the House and Senate late Monday includes a $300-per-week unemployment benefit for the next 3 months and $600 stimulus checks for those making up to $75,000.
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PublishedNovember 27, 2020
Main Street Skowhegan extends Small Business Saturday to Dec. 5
To help promote small businesses in the Skowhegan area, Main Street Skowhegan has extended Small Business Saturday to #ShopSmall Week with chances to win gift cards.
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PublishedNovember 20, 2020
Maine employers receive state emergency grants worth almost $54 million
Roughly 1,200 small businesses and nonprofit organizations will receive federally funded payments to cover payroll and other expenses.
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PublishedOctober 27, 2020
Wiscasset businesses report better-than-expected tourist season
Local patrons help buoy local businesses, while out-of-state traffic slipped.
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PublishedOctober 6, 2020
Small gyms in U.S. devastated by coronavirus fears, restrictions
Health and fitness centers lost an aggregate $13.9 billion during shutdowns as of Aug. 31, an industry group estimates.
