U. S. Small Business Administration
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PublishedNovember 7, 2023
Low-interest loans available for businesses, nonprofits affected by Lewiston shooting and shutdown
Low-interest loans of up to $2 million are available to eligible businesses and nonprofits directly affected by the Lewiston mass shooting and subsequent lockdowns last month.
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PublishedNovember 2, 2023
Mills seeks federal assistance for businesses affected by shooting
This would make businesses and nonprofits eligible for low-interest loans to make up for interruptions from the Lewiston-area shelter-in-place order.
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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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PublishedNovember 22, 2021
‘Business is bonkers’ in downtown Bath this year as holiday season approaches
Sen. Angus King said he was impressed by the "vitality" of Bath’s thriving downtown while visiting small businesses Monday.
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PublishedJanuary 15, 2021
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.
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PublishedDecember 9, 2020
Pingree presses federal agency to investigate relief loan to Maine business that may not exist
The congresswoman wants answers about a $1.2 million Paycheck Protection Program loan to Common Ground Organic Farm, which organic farmers including Pingree had never heard of before the Portland Press Herald reported on it.
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PublishedNovember 22, 2020
Downtown businesses hope Brunswick shoppers will stay local this season
Historically, Brunswick has kicked off the season with a huge downtown event drawing between 1,000 and 1,500 people, but with gathering restrictions in place to help prevent the spread of the virus, many of those events have been canceled or gone virtual. Downtown businesses and supporters are hoping that even without it, Brunswick can be a holiday shopping destination, bringing a much-needed pandemic reprieve.
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PublishedJuly 7, 2020
Errors cloud emergency loan program’s impact on Maine jobs
The U.S. Small Business Administration has made unverified claims about the number of jobs retained in Maine because of the Paycheck Protection Program.
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PublishedJune 26, 2020
Commentary: Federal COVID response a missed opportunity to help Maine fishermen
With real economic relief and a carefully developed support structure, the seafood industry can feed Americans and jump-start its next stage.
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PublishedMay 27, 2020
Maine companies in bankruptcy sue federal agency for denying them emergency loans
The three companies say they were unfairly denied Paycheck Protection Program funds because they are in Chapter 11 reorganization.
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