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 […]
small business
Posted inBusiness, Local & State, News
Nonprofit lenders in Maine attempt to fill gaps between federal bailout programs
Three community development organizations have SBA-backed loans available for business borrowers.
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Posted inThe Franklin Journal
Farmington businesses receive rental assistance
Landlords and small business owners work together to compensate for lost revenue during state-mandated closures that are starting to ease up in Franklin County.
Posted inBusiness, Local & State, News
Mentors helping Maine small businesses pivot to survive
Many small businesses are faced with a seemingly impossible situation, and are transforming themselves in response.
Posted inBusiness, Local & State, News
Nearly 26,000 Maine small businesses have received federal emergency loans
Small employers in the state have received a total of $2.55 billion in Paycheck Protection Program loans since the federal program began.
Posted inBusiness, Nation / World, News
Facing uproar over small-business program, White House vows to review who’s getting loans
The Trump administration scrambled to address mounting criticism of a new program that some big companies used to obtain taxpayer-backed loans.
Posted inBusiness, Local & State, News
Nearly 17,000 Maine small businesses have received federal emergency loans so far
Paycheck Protection Program funding totals nearly $2.25 billion in Maine to date, according to U.S. Sen. Susan Collins’ office.
Posted inBusiness, Local & State, News
Emergency loans to Maine small businesses exceed $1 billion
More than 5,300 businesses had been approved as of Friday morning for federally backed Paycheck Protection Program emergency loans.
Posted inAdvertiser Democrat
Norway shops local to support its small businesses
Local support has buoyed local shops struggling to stay open during the coronavirus public health crisis.
Posted inBusiness, Local & State
Mainers check out local merchants on Small Business Saturday
The 10th annual shopping event is billed as an alternative to the national retail-focused Black Friday.