U. S. Small Business Administration
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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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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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PublishedApril 28, 2020
Facing uproar over small-business program, White House vows to review who’s getting loans
The Trump administration scrambled to address mounting criticism of a new program that some big companies used to obtain taxpayer-backed loans.
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