Blog - Business Topics - General

Bath Savings Institution Guidelines for the PPP

April 3, 2020

BSI Customers are encouraged to log onto https://home.treasury.gov/cares website to fill out the application. They can forward their application along with supporting documentation to...

Mechainics Savings Message on the PPP

April 3, 2020

Guidance on Mechanics Savings protocol for the Paycheck Protection Program Read more...

Federal Families First Coronavirus Response Act Effective April 1

April 3, 2020

On Wednesday, April 1, the new Families First Coronavirus Response Act went into effect. This federal Act requires some employers in Maine to provide their employees with paid sick leave and expanded medical leave for reasons related to COVID-19. A link to the FFCRA language can be found here: https://www.congress.gov/116/plaws/publ127/PLAW-116publ127.pdf . The new federal requirements apply to covered employers as defined in the Act, which includes most businesses with fewer than 500 employees and almost all public employers. The Act allows for these businesses to be reimbursed for expenses they incur to provide required paid leave through a payroll tax credit. Certain businesses with fewer than 50 employees can seek an exemption. Businesses must seek this exemption at the federal level. Read more...

From the ED's Desk: Helping Businesses During Covid-19

March 25, 2020

A best-practice primer with a touch of kindness from Executive Director Cory King Read more...

Covid-19: USDA Announces New Food Program For Rural School Children

March 20, 2020

USDA Announces Feeding Program Partnership in Response to COVID-19 Collaboration will provide nearly 1,000,000 meals to rural children (Washington, D.C., March 17, 2020) – U.S. Secretary of...

New Flexibility with Unemployment Insurance from MDOL

March 20, 2020

These temporary measures will help relieve the financial burden of temporary layoffs, isolation, and medically-necessary quarantine by making unemployment benefits available to individuals whose employment has been impacted by COVID-19. “If workers do not have access to employer-provided paid time off or leave, this legislation can provide an important partial wage replacement,” Labor Commissioner Laura Fortman said. “This helps not only the individual but allows employers to retain their workforce and stabilize local economies.” Read more...

Covid-19: FAME & SBA Loans To Help Businesses and Individuals

March 20, 2020

A huge thank you to Tony Cameron and the Maine Tourism Association and Tony Cameron for this concise explanation of the loan programs. The Chamber was going to write a similar piece, but this is so...

Mid Coast¬–Parkview Health, MaineHealth Merger Gets Final Go Ahead

February 14, 2020

Brunswick and Portland, Maine – Representatives from Mid Coast–Parkview Health and MaineHealth received final clearance yesterday to move forward with the planned merger of the two healthcare organizations. Mid Coast–Parkview Health will join MaineHealth as a member on March 1, 2020 and will work toward full integration over the next several months as operations become unified. Read more...

Midcoast CA$H United Way Provides Free Tax Preparation by IRS Tax Law Certified Volunteer Preparers

January 10, 2020

Generally, individuals who make less than $56,000 in 2019 are eligible to have their federal and state taxes prepared and e-filed for free. To see if you qualify or schedule an appointment call (207) 295-6340. Tax sites in are in Bath, Brunswick, and Wiscasset. Keep 100% of your refunds without worrying about hidden fees or unexpected charges. You also get information about classes, savings programs, and other resources. Read more...

FIELDER’S CHOICE HOMEMADE ICE CREAM NAMED 2019 RETAILER OF THE YEAR

November 1, 2019

The board of directors of the Retail Association of Maine announced yesterday that Fielder’s choice Homemade Ice Cream with five locations throughout Maine, has been named the 2019 Retailer of the Year. The award was presented at the Retail Association of Maine’s 82nd annual meeting on Thursday, October 24, 2019 at the Samoset Resort, Rockport, ME. Read more...

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