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PublishedApril 13, 2020
Federal loan program a Catch-22 for some Maine small businesses
As $1.5 billion in economic relief flows into the state, some small employers say restrictions and deadlines will prevent the program from saving jobs as intended.
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PublishedApril 10, 2020
Emergency loans to Maine small businesses exceed $1 billion
More than 5,300 businesses had been approved as of Friday morning for federally backed Paycheck Protection Program emergency loans.
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PublishedApril 8, 2020
Idexx cutting workers’ pay by 10% as business wanes during outbreak
The Westbrook-based biotechnology company is also suspending some benefits, including a 401(k) match, as it deals with fallout from the coronavirus pandemic.
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PublishedApril 8, 2020
CMP affiliate awards $300 million in contracts for power line project
New England Clean Energy Connect is moving ahead on its transmission corridor through western Maine despite a looming referendum aimed at stopping it.
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PublishedApril 8, 2020
Auto insurers giving discounts as Mainers drive – and crash – less
A number of insurance companies have announced payments or credits on auto premiums, and others are considering it.
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PublishedApril 7, 2020
Hannaford triples donation to food banks, homeless outreach in 5 states
The supermarket chain is giving $750,000 to COVID-19 response efforts, including $225,000 to organizations in Maine.
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PublishedApril 7, 2020
Small businesses seek rent and eviction freezes as crisis costs mount
Maine small business owners are in anxious talks with landlords as they seek to buy time until they can reopen and restore cash flow.
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PublishedApril 6, 2020
Maine lenders buried in applications as small businesses seek federal aid
Financial institutions are hurriedly processing a flood of requests for emergency loans backed by the U.S. Small Business Administration.
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PublishedApril 6, 2020
CMP corridor referendum still on track after legal challenges
Opponents of Central Maine Power Co.'s proposed power line through the state's western mountains get 2,000 signatures tossed, but still have a margin of 3,000 for a ballot measure.
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PublishedApril 6, 2020
Spectrum hiring 100 workers, giving across-the-board raises in Portland
As it attempts to expand its Portland call center, the cable TV and internet provider is hiring and giving current employees a $1.50-an-hour raise.
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