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 »
By: Business Advisor Peter Harriman Nothing is as confusing as when a newly rolled out program experiences the growing pains of change. Many business owners had just become comfortable with the 8-week PPP Covered Period when suddenly they were confronted with an unexpected twist – 24 weeks? Many of my clients at the Maine Small… Read more »
By: Christina Oddleifson, Maine SBDC Business Advisor Covid 19 has made it more important than ever for small businesses to have up to date information about their financial performance. If the Covid 19 pandemic has taught us anything, it’s that small businesses with up to date and accurate financial information have fared better than those… Read more »
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