Small employers in the state have received a total of $2.55 billion in Paycheck Protection Program loans since the federal program began.
susan collins
Posted inBusiness, Maine, News
Federal aid increased for Maine hospitals, health care providers
Another $42 million in grants has been allocated, bringing the total to nearly $188 million.
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Posted inBusiness, Maine, News
Federal loan program changes rules to benefit seasonal businesses
As of Monday, the federal Paycheck Protection Program is allowing seasonal businesses to calculate their loan amounts based on expenses from last summer.
Posted inMaine, News, Politics, Schools & Education
As coronavirus upends political campaigns, it also emerges as an issue
Voters are paying attention to the government’s response to the pandemic, which has already divided candidates and been the subject of political attacks.
Posted inBusiness, Maine, News
Owners of Maine small businesses cite shortfalls in coronavirus aid program
Another round of funding for the Paycheck Protection Program is coming, but some struggling business owners say it won’t help them.
Posted inHealth, Maine, News
Protective gear wasn’t allocated to states based on population, despite administration’s claims
Maine got less than a third as many N95 respirators per capita as Vermont and Rhode Island but nearly three times as many as Texas.
Posted inMaine, News, Politics
Sens. Collins, King join presidential task force to reopen economy
Maine’s U.S. senators are part of a large bipartisan group that includes two-thirds of the Senate and more than 30 House members.
Posted inMaine, News, Politics
Gideon leads Collins in fundraising for Senate race after $7.1 million haul in first quarter
The Democrat, Maine’s House speaker, has raised $14.8 million overall and leads Republican Sen. Susan Collins, who has raised $13.2 million.
Posted inBusiness, Nation / World, News
Federal loan program a Catch-22 for some Maine small businesses
As $1.5 billion in economic relief flows into the state, some small employers say restrictions and deadlines will prevent the program from saving jobs as intended.
Posted inMaine, Uncategorized
Federal spending makes more energy assistance available
Low-income residents who are sheltering in place will get more money to stay comfortable as temperatures transition to summer heat