PPP

Published
January 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.
Published
August 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.
Published
April 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.
Published
March 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.
Published
March 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.
Published
February 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.
Published
February 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.
Published
February 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.
Published
February 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.
Published
January 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.