As of Monday, the federal Paycheck Protection Program is allowing seasonal businesses to calculate their loan amounts based on expenses from last summer.
U. S. Small Business Administration
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.
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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 inBusiness, Local & State, Nation & World, News, Politics
U.S. House passes Jared Golden’s bill to help a federal small business program
A measure by the 2nd District Maine Democrat to increase funding for the Small Business Development Center program got bipartisan support this week.
Posted inBusiness
SBA-guaranteed loans in Maine drop slightly from previous year
The U.S. Small Business Administration guaranteed a total of $77.1 million in loans in its 2019 fiscal year, down 7 percent from $83.1 million in loans a year earlier.
Posted inBusiness
Maine receives grant to help exporters
The SBA award is administered by the Maine International Trade Center to help Maine businesses boost sales overseas.