If Congress passes a proposal to reclassify many independent contractors as employees, Maine’s delegation should make sure it includes plenty of waivers.
small business
Posted inArts & Entertainment, Business, Local & State, Politics
Pingree urges SBA to fix problems with online grant applications for arts, music venues
One arts official in Portland calls the federal agency’s web portal, which went live on April 8, ‘a disaster waiting to happen.’
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Posted inBusiness, Nation & World
Biden creates 2-week window for only the smallest businesses to apply for pandemic relief
Biden’s team is also carving out $1 billion to direct toward sole proprietors, such as home contractors and beauticians, the majority of which are owned by women and people of color.
Posted inBusiness, Local & State
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.
Posted inBusiness, Local & State
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.
Posted inBusiness, Local & State
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.
Posted inBusiness, Local & State
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.
Posted inEditorials, Opinion
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.
Posted inBusiness, Local & State
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.
Posted inBusiness, Local & State, Morning Sentinel
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.