small businesses

Burundi Star Coffee Shop via Facebook

For nearly three weeks, activists have protested against police brutality and racial injustice in hundreds of cities across the country.

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More than $400 million in forgivable loans have been approved for at least 1400 businesses in Maine, under the federal "Payroll Protection Act" that went into effect less than a week ago. But some businesses and nonprofits are worried that they will be left behind, or might not be able to access the full benefit — unless they actually pay people to not work.

Updated April 9, 2020 at 11:45 a.m. ET.

The U.S. Senate adjourned Thursday without an agreement on a measure to boost funding for loans to small businesses affected by the coronavirus through the Paycheck Protection Program.

As of Friday, 17,500 small business owners across the country had applied for the new payroll relief program, championed by U.S. Sen. Susan Collins.

Chip Somodevilla

U.S. Sen. Susan Collins' office is warning small business owners of another emerging scam targeting small business owners who might be seeking payroll relief through the new "Keeping American Workers Paid and Employed Act."

Robert F. Bukaty / AP

The small business loan provision of the $2 trillion federal stimulus bill is generating a lot of questions from applicants and from the banking sector. And there are fears that the money dedicated to the program won’t go far enough.

Willis Ryder Arnold / Maine Public

Gov. Janet Mills' declaration of a "civil emergency" Sunday opened up one option for some Mainers who are being financially hurt by the Covid-19 outbreak. They can now apply for low-interest loans from the federal Small Business Administration (SBA).

Low interest loans through the Small Business Administration are available to small companies and not-for-profits, including areas like agriculture and aquaculture. The SBA is urging people to apply now for the loans of up to $2 million.

U.S. Sen. Susan Collins of Maine is sponsoring legislation would provide loans to help keep small businesses hurt by the coronavirus pandemic up and running.

AUGUSTA, Maine (AP) _ Maine is getting an additional $4.3 million in federal funding to help grow small businesses.

  Helping small businesses in Maine get off the ground and thrive. We spoke with leaders from the Maine Technology Institute and SCOREMaine about their organizations and what they offer new and emerging businesses in Maine. We also heard from two individuals who have worked with MTI and SCOREMaine and can offer firsthand accounts of how they were helped.

Host Keith Shortall spoke with: