The federal program, renewed as part of an economic stimulus package passed last year, can provide up to $284 billion in loans.
small business
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.
advertisement
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.
Posted inBusiness, Local & State
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.
Posted inTimes Record
Wiscasset businesses report better-than-expected tourist season
Local patrons help buoy local businesses, while out-of-state traffic slipped.
Posted inHealth, Nation & World, News
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.
Posted inBusiness, Nation & World
Where U.S. small businesses are feeling the most pandemic pain
The latest Small Business Pulse Survey by the Census Bureau offers a glimpse of how small U.S. firms see their prospects.
Posted inBusiness, Local & State
Rural Maine businesses get help to build renewable energy projects
More than 30 Maine businesses are receiving help from the federal government to launch rural renewable energy projects
Posted inBusiness, Local & State
Inc. 5000 list of fastest-growing private companies includes 12 in Maine
Portland skincare products maker Brickell Men’s Products had the highest rank in the state, at No. 133, with 3-year revenue growth of 2,774%.