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Maine businesses get first round of aid to weather pandemic

Maine businesses get first round of aid to weather pandemic

Photo: 560 WGAN Newsradio


PORTLAND, Maine (AP) Maine has awarded more than 2,300 economic recovery grants to small businesses and nonprofit groups in the state to help them weather the coronavirus pandemic.

The grants totaled $105 million and were supported by federal CARES Act funds, Democratic Gov. Janet Mills said Thursday. More than 2,000 of the awards went to small businesses.

“While these funds will not make them whole, they offer some lifeline to keep afloat those small businesses that are at the core of our economy,” Mills said.

A little more than a third of the grants went to businesses that work in the hospitality sector, Mills said. A second round of recovery grants in forthcoming, she said.

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