Businesses and nonprofits will owe state income tax on the forgiven portion of Paycheck Protection Program loans unless legislators change state law.
maine businesses
Posted inBusiness, Maine, News
Jackson Lab to remove founder’s name from conference center
The Bar Harbor laboratory said founder C.C. Little’s name is being removed because of his ties to the long-condemned eugenics movement.
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Posted inBusiness, Maine, News
Bond measure approval will fuel state’s goal of expanding rural broadband
Voters approved a $15 million bond last week to push high-speed internet service into more low-density areas of Maine.
Posted inBusiness, Maine, News
Coronavirus and papermaking woes bring tough times to Maine’s logging industry
‘This is probably the lowest point that I’ve ever seen,’ says one logging industry veteran and association president.
Posted inBusiness
Caterers suffer as 2020 brides say ‘I don’t’
With weddings, fairs, festivals and corporate events canceled by the coronavirus, caterers are cooking up alternative business models to keep their companies afloat.
Posted inBusiness
Caterers suffer as 2020 brides say ‘I don’t’
With weddings, fairs, festivals and corporate events canceled by the coronavirus, caterers are cooking up alternative business models to keep their companies afloat.
Posted inBusiness, Maine, News
1 in 3 Maine lobstermen lands federal pandemic loan
Lobstermen got more small Paycheck Protection Program loans than members of any other Maine industry, but the size of the average loan was small.
Posted inBusiness, Maine, News, Sports
With no games, Portland’s pro sports teams try to keep fans engaged
Minor league franchises including the Portland Sea Dogs, Maine Red Claws and Maine Mariners are in a holding pattern until games can resume safely.
Posted inBusiness, Maine, News
Jordan’s Furniture braces for mid-pandemic opening Friday at The Maine Mall
The chain’s first store in Maine features an indoor ropes course, which is opening along with a massive showroom. But will customers materialize?
Posted inBusiness, Maine, News
Maine unemployment claims increase after weeks of decline
The number of Mainers who filed initial claims last week increased by more than 60% from the previous week, to 4,400.