small business
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PublishedAugust 9, 2020
Maine’s small-business sector still in crisis after reopening
Many businesses report poor sales and low customer counts as the coronavirus pandemic continues to strangle commerce.
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PublishedAugust 3, 2020
CEOs tell Congress many more small businesses will fail without new aid
More than 4 million businesses have received emergency loans from the Small Business Administration after Congress approved $700 billion to support them in May.
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PublishedJuly 22, 2020
After 33 years, cobbler is stepping away from landmark shop in Westbrook
Paul Rowland is selling his trailer and property, and moving Paul's Shoe Repair to his garage in Lisbon, where he and his wife moved to be closer to their children and grandchildren.
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PublishedJune 29, 2020
Federal emergency loan program for small businesses ends Tuesday
All remaining loan applications for the Paycheck Protection Program must be submitted by the end of the day.
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PublishedMay 28, 2020
House passes bill to give small businesses leeway on COVID-19 loans
Maine's Sen. Angus King introduced a companion bill to the House-passed bill last week, but it's unclear whether the Senate will take up that version.
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PublishedMay 20, 2020
House to vote on targeted fixes for small-business loan program
The stand-alone bill would make changes to the small-business loan program sought by hotels, restaurants and other industries.
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PublishedMay 18, 2020
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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PublishedMay 14, 2020
Maine among states receiving highest percentage of pandemic loans, survey shows
Oil extraction and mining businesses had the best success in getting loans from the Paycheck Protection Program.
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PublishedMay 11, 2020
Mentors helping Maine small businesses pivot to survive
Many small businesses are faced with a seemingly impossible situation, and are transforming themselves in response.
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PublishedMay 5, 2020
City offers financial aid for local businesses
The loans, made available through funding from the Portland Development Corporation, will help businesses impacted by the coronavirus pandemic to hire or retain staff and reopen.
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