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Some Maine businesses can start applying for another round of PPP loans this week


The renewed Paycheck Protection Program loans are available through small community lenders starting Monday.
Author: Zach Blanchard (NEWS CENTER Maine)
Published: 6:41 PM EST January 11, 2021
Updated: 6:56 AM EST January 12, 2021
PORTLAND, Maine Small businesses in Maine and across the country can start applying for another round of federal Paycheck Protection Program (PPP) loans this week. 
Maine businesses received more than $2.2 billion in funding through the first round of funding last year. 
The newly approved PPP loans have tighter restrictions to ensure more small businesses are targeted after critics found billions of dollars went to large corporations nationwide.
Every little bit helps, Portland business owner Damian Sansonetti said.  ....

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