The 2nd District Democrat’s bill would drop restrictions that force the Small Business Administration to turn away companies seeking help for marijuana-related firms.
small business administration
Posted inBusiness, sj-web
Oxford’s Arcast receives statewide business award
OXFORD — A company that was started in a garage eight years ago — and has built up a customer base for its high-precision machines that includes NASA — has two reasons to celebrate this spring. Arcast Inc. has won the Maine Small Business Exporter of the Year Award from the U.S. Small Business Administration, […]
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Posted inBusiness, sj-web
SBA announces annual award winners
AUGUSTA — The U.S. Small Business Administration announces area winners of its annual business awards. President Rayland O’Neal and Vice President Sasha Long of Arcast Inc. in Oxford have been selected to receive the U.S. SBA’s 2018 Small Business Exporter of the Year Award for Maine, Bethany Weisberger, owner of Gneiss Spice of Albany Township, […]
Posted inBusiness, sj-web
SBA recognizes Lost Valley's success
Wendell Davis, U.S. Small Business Administration and SBA New England regional administrator, and Amy Bassett, SBA district director for Maine, recently presented Scott and April Shanaman, owners of Lost Valley Ski Area, a commemorative sign celebrating the ski area’s success. The Shanamans purchased Lost Valley in 2015 and improved the lodge and lifts, added three new trails, […]
Posted inBusiness
Community Concepts gains award
SOUTH PARIS — The U.S. Small Business Administration recently awarded Community Concepts Finance Corp. with the honor of Top Performing Microlender for the second year in a row. To achieve this recognition CCFC provided 24 loans to Maine businesses through the SBA Microloan program totaling more than $899,000 in fiscal year 2016. CCFC greatly exceeded […]
Posted inLewiston-Auburn
Resources fair meant to help L-A residents, social service providers
LEWISTON — A social services resource fair scheduled for downtown Lewiston is aimed at bringing providers together as much as it is getting those services out to the people who need help. “There are a lot of folks that are doing great work around the community to help people, but oftentimes even they don’t know […]
Posted inBusiness
Have a solid business plan before seeking financing
After several years of financial market upheaval, banks are once again making loans to viable small business proposals. But as Central Maine SCORE mentor Peter Sassano noted, “The banks are determined not to repeat past mistakes. “The fallout from the lax lending decisions of several years ago has led them to focus on the creditworthiness […]
Posted inBusiness
Maine seeking input from businesses hurt by ice storm; loans may be available
AUGUSTA — The Maine Emergency Management Agency is reaching out to Maine businesses affected economically by the major ice storm and arctic temperatures from Dec. 21, 2013, to Jan. 6, 2014. The storm and ensuing frigid temperatures caused power outages, power surges, burst pipes, ice jams and other problems in many parts of the state, […]
Posted inBusiness, sj-web
Maine Sen. Goodall resigns leadership post to serve as SBA regional chief
Majority Leader Seth Goodall told Gov. Paul LePage in a letter that it’s been an honor to serve and that leaving the Senate is “bittersweet.” A special election will be held for Senate District 19, which covers Sagadahoc County and the town of Dresden. The date will be set by the governor. Goodall’s resignation was […]