Revised 1/20/2020: Important updates to this FIRST ROUND of PPP in the Economic Aid Act, passed December 2020. NEW Forgiveness Application for loans of $150,000 or less can be found here SBA EIDL Advance amount will no longer reduce the amount that can be forgiven. Previously, if you had received an SBA EIDL advance/grant (which… Read more »
Monthly Archives: March 2020
SBA’s Economic Injury Disaster Loan Program (EIDL)
Need help? Contact your SBDC advisor. Request Advising Here. Revised 1/4/2021 The EIDL LOAN application has been extended through December 31st, 2021. The Advance/Grant is not currently available. The loan application deadline has been extended to December 31st, 2021.
Federal & State Pandemic Relief
Need help? Contact your SBDC advisor. Request Advising Here. Revised 2/22/2021 The U.S. SBA has several programs to help your small business through the COVID-19 pandemic. There are also local Maine loans and grants that can help.
Sealander Architects – Ellsworth, Maine
Mike Sealander and his wife Robyn have been running their business, Sealander Architects, since 2007. Sealander Architects is an architecture and interior design firm specializing in well-designed environments that allow people to do their best work. They design buildings to reflect an organization’s mission and culture, and strive to design places where people can thrive.
Spa Voyage – Biddeford, ME
Eliza was experienced in her practice, but had never started her own business. For assistance in these uncharted waters, she worked with Raynor Large, business advisor at the Maine SBDC at Androscoggin Valley Council of Governments. Raynor helped Eliza as she pitched her idea as part of the Maine Center for Entrepreneur’s Top Gun program. He helped her with her business plan and financial projections.
The Cutting Edge Hair & Tanning Salon – Presque Isle, ME
When Karen Cox stopped her car at a stoplight on Main Street in Presque Isle, she knew that the former GiftSmart location would be the ideal place to begin her own hair and tanning salon.