By: Anne Lancaster, Business Advisor Feeling overwhelmed? Exhausted? 2020 has been a year of accentuated anxiety, seemingly endless stress, and unparalleled uncertainty. Keeping a positive outlook can be challenging with daily updates of COVID-19; local, state, and federal mandates; personal and professional changes. We live with this dynamic tension ALL the time. It’s natural, it’s… Read more »
Monthly Archives: January 2021
They say the first year of a small business is the hardest, but for Allison Hopkins year 2 hasn’t been without its challenges as small business owners adapt to COVID-19. In January 2019 she worked with friends Paige and Mike Wilcox to open her own franchise of Wilcox Wellness & Fitness in Brunswick. All things… Read more »
Stacey and Jesse Coleman own My-Fit-24, a 24-hour fitness facility located in Gorham, Maine. Started in 2007, My-Fit-24 provides access to fitness equipment, personal training, and group classes. The couple and their team are passionate about creating sustainable fitness solutions for their clients and community. Their programs are based on science to provide safe and… Read more »
Select your status: NEW, FIRST TIME PPP LOAN SECOND DRAW PPP LOAN Updated: 1/14/2021 FIRST TIME PPP LOAN: What is the Paycheck Protection Program (PPP)? PPP provides small businesses with funds to pay payroll costs and other eligible expenses. In order to be forgiven, no less than 60% of the loan needs to be used… Read more »
The Maine Department of Economic & Community Development (DECD) in partnership with the Maine Small Business Development Centers (SBDC) will provide grants of up to $5,000 for businesses with five or fewer employees, with an owner whose income is in the low to moderate range as defined by the Department of Housing and Urban Development… Read more »
There are many local relief programs across Maine that are offering small grants, loans, and resources to help you and your small business stay afloat as you cope with the impacts of Coronavirus.