PPP
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PublishedJanuary 30, 2023
$5.4 billion in covid aid may have gone to firms using suspect Social Security numbers
The findings from the nation's top pandemic watchdog come as House Republicans plan to hold their first hearing this week on covid fraud.
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PublishedAugust 17, 2022
Maine man pleads guilty to defrauding pandemic programs of more than $300,000
The Levant man used some of the relief money to post bail and hire a defense attorney after being charged with felony fraud in a separate Florida case, prosecutors said.
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PublishedApril 21, 2022
Skowhegan man charged with lying for $60,000 pandemic loan is arrested again
Nathan Reardon's bail conditions prevented him from applying for pandemic-related financial assistance without approval from his probation officer.
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PublishedMarch 25, 2021
Senate votes to extend small business loan program for two months
The Senate has extended the deadline for business owners to apply for forgivable loans through the Paycheck Protection Program.
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PublishedMarch 5, 2021
Deal on state tax exemption implodes as Republicans balk at supplemental budget
Democrats support a bill to reduce tax liability for businesses and individuals who received federal COVID-19 relief loans or benefits, but Republicans are pushing for more.
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PublishedFebruary 17, 2021
Maine Voices: Conforming to federal PPP law will help Maine’s strapped small businesses
If the Legislature will not protect all taxpayers, they should at least implement Gov. Mills’ suggestion and protect those who borrowed less than $1 million.
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PublishedFebruary 11, 2021
Our View: Gov. Mills offers fair deal on tax issue
Republicans in Augusta should accept a compromise that gives them 99% of their demands.
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PublishedFebruary 9, 2021
Gov. Mills offers compromise to give tax break to 99% of business loan recipients
The proposal would extend full state tax relief to the first $1 million received by small businesses and nonprofits under the Paycheck Protection Program.
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PublishedFebruary 4, 2021
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.
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PublishedJanuary 31, 2021
Our View: Legislature can find a better way to help Maine’s small businesses
Not all PPP recipients are struggling small companies that need extra help from the state.
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