Many are unsure they will be able to reopen 8 weeks from now, as the loan terms require.
small business
Posted inBusiness, Local & State, News
Nearly 17,000 Maine small businesses have received federal emergency loans so far
Paycheck Protection Program funding totals nearly $2.25 billion in Maine to date, according to U.S. Sen. Susan Collins’ office.
advertisement
Posted inTimes Record
Bath offering loans for small businesses struggling amid pandemic
Sally Johnstone, vice president of Main Street Bath and a member of Bath’s Economic Development Committee, said the committee wanted to help local businesses who are stuck waiting for federal loans that may never come.
Posted inBusiness, Local & State, News
Emergency loans to Maine small businesses exceed $1 billion
More than 5,300 businesses had been approved as of Friday morning for federally backed Paycheck Protection Program emergency loans.
Posted inPortland Forecaster
Being in limbo compounds pandemic stress for small business owners
Many businesses have closed, laid off workers and are wondering when, or if, they will reopen.
Posted inBusiness
Bangor retailer wins KeyBank award
The Willie Wags uses it customer base to support women-owned business and Maine-made products.
Posted inBusiness, Local & State
Mainers check out local merchants on Small Business Saturday
The 10th annual shopping event is billed as an alternative to the national retail-focused Black Friday.
Posted inBill Nemitz, Local & State, News, Op-eds, Opinion
Bill Nemitz: Local business washes away a big-box store nightmare
After Home Depot makes a washer and dryer go poof, Central Furniture and Appliance shows the age-old art of good customer relations.
Posted inBusiness, Life & Culture, Nation & World
Brick-and-mortar bookstores dying in electronic age? No, many are thriving
The independents say what sets them apart from Amazon and eBooks are the ties they form to the community and their ability to make the buying experience personal.
Posted inBusiness, Letters
Letter to the editor: Small businesses need clear rules; are you listening, Congress?
It is rare these days to hear about Congress supporting constituents. I am not alone in the disappointment I feel when I repeatedly see our members of Congress vote against policies that would help locally owned businesses in Maine grow and succeed. Succeeding as a small-business owner in today’s environment is challenging. While technology and […]