Monthly Archives: March 2020

What You Need to Know About the Paycheck Protection Program (PPP)

Need help? Contact your SBDC advisor. Request Advising Here. Revised 09/03/2020 The application period for this program has closed. What is the Paycheck Protection Program (PPP)? The PPP provides small businesses with funds to pay up to 8 weeks of payroll costs including benefits. Funds can also be used to pay interest on mortgages, rent,… Read more »

Coronavirus Impact on Your Business

The Maine SBDC is committed to doing everything we can to help you navigate the challenges your business faces as a result of COVID-19.  [embedit snippet=”request-advising-button-body”]  Last Updated: 5/18/2020 UPCOMING WEBINARS: Understanding PPP Forgiveness | COMING SOON!! More webinars coming soon…

What You Need to Know About SBA’s Disaster Loan (EIDL)

Need help? Contact your SBDC advisor. Request Advising Here. Revised 9/3/2020 The EIDL advance/grant is no longer available. The loan is still available. The U.S. SBA is offering low-interest federal disaster loans for working capital to small businesses impacted by the COVID-19. Through this process, SBA is provided an emergency cash advance of up to $10,000… Read more »

Sealander Architects – Ellsworth, Maine

Mike Sealander and his wife Robyn have been running their business, Sealander Architects, since 2007. Sealander Architects is an architecture and interior design firm specializing in well-designed environments that allow people to do their best work.  They design buildings to reflect an organization’s mission and culture, and strive to design places where people can thrive.

Spa Voyage – Biddeford, ME

Eliza was experienced in her practice, but had never started her own business. For assistance in these uncharted waters, she worked with Raynor Large, business advisor at the Maine SBDC at Androscoggin Valley Council of Governments. Raynor helped Eliza as she pitched her idea as part of the Maine Center for Entrepreneur’s Top Gun program. He helped her with her business plan and financial projections.