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 »
In August 2020, Maine SBDC partnered with Richard Arend from the University of Southern Maine to survey hundreds of Maine small business owners. The survey sought insight into how businesses have been impacted by the pandemic and the steps they have taken as a result. Here’s our findings…
By: Jennifer Boutin, Maine SBDC Maine would not be the same without the small businesses that make our communities unique, or without the hardworking business owners who create jobs for our families, friends and neighbors. Small businesses are the core of our economy, making up over 99% of businesses in Maine. And, these small businesses… Read more »
By: Maine SBDC Business Advisor Alison Lane As we close the year with the same uncertainty that plagued our Spring, Summer, and Fall, small business owners hope to capitalize on the season that is “merry and bright”. However, changes to consumer behavior, recovering markets, and the scars from many rough months make the success of… Read more »
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