The proposal would extend full state tax relief to the first $1 million received by small businesses and nonprofits under the Paycheck Protection Program.
small business
Posted inBusiness, Maine
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.
advertisement
Posted inBusiness, Maine
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 inBusiness, Maine
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, 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, Maine
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%.
Posted inBusiness, Maine
Maine’s small-business sector still in crisis after reopening
Many businesses report poor sales and low customer counts as the coronavirus pandemic continues to strangle commerce.
Posted inAndroscoggin County, Business, Maine
After 33 years, cobbler is stepping away from landmark shop in Westbrook
Paul Rowland is selling his trailer and property, and moving Paul’s Shoe Repair to his garage in Lisbon, where he and his wife moved to be closer to their children and grandchildren.
Posted inBusiness, Maine, News
Federal emergency loan program for small businesses ends Tuesday
All remaining loan applications for the Paycheck Protection Program must be submitted by the end of the day.
Posted inAdvertiser Democrat
Waterford entrepreneur aids reopening businesses
WATERFORD — Maine’s self-employed have been especially hard hit by the COVID-19 pandemic. Despite early assurances to the contrary, most applying for unemployment assistance programs have been denied if they have been able to get that far in the process at all. And as the services and products offered by independents business owners tend more towards […]