We at MaineStream Finance, a 20-year old, mission-driven nonprofit community development lender and part of the Penquis CAP family, are open for business to help your Maine business. We are staying in touch with officials at the Maine Department of Economic Development (DECD), Finance Authority of Maine (FAME), and Small Business Administration (SBA) as well as local officials in towns and cities and your local chambers of commerce. Below are resources and contacts for you to get through this difficult time. When there is an update or new resources available, we will update it here.
Please contact the MaineStream business advisory or lending team (contacts below), Maine DECD Business Answers, the local SBA Maine office, your local SBDC advisor, or local SCORE Mentor for more information or if your business needs help. There is also a great discussion group for small businesses on Facebook called COVID-19 Small Business Resource Group created by Mainers.
Here are our Top 5 links to News and Tools for Small Business Topics. We have much, much more below on business news, banking & loans, donations, employment law/HR, local chambers and town responses, disaster recovery, taxes, industry-specific resources (e.g. farming), and work from home tools.
- New: Susan Collins says new small business loan program needs at least $200B more (April 7)-Paycheck Protection Program loans through SBA – may come this week
- MaineBiz Website
- Maine DECD resources for Maine Businesses Impacted by COVID-19
- Pay it Forward Maine
- SBA Coronavirus (COVID-19): Small Business Guidance & Loan Resources (including SBA Emergency and PPP loans)