Business and life in Maine is changing daily in response to COVID-19. The MMTA Board and I will do our best to keep you updated about business assistance resources (below). Please check back here for further developments. Here is a summary of the resources currently available, but more may be coming from the federal government in the next few weeks. We are participating in conference calls with NMMA, MRAA, and other state trade associations to help collaborate to help all members of the industry.
Please reach out if we can help answer any questions of concerns.
Added April 1, 2020: Maine DECD current list of essential businesses.
These businesses are in addition to the federal Homeland Security List in the Governor Mill’s mandate from March 24, 2020 (Note scroll down to transportation sector page 10 and food sector on page 8 if you support commercial fishing). All of our members are different. If you believe your business is essential, you may apply for essential service designation with the state at this link.
If you missed the webinar: April 1 Webinar Slides *Please note that program details may change so please contact your employment attorney, lenders, and/or your accountant for more information.
Added March 31, 2020: Emergency Response in the Marine Industry for MMTA Members; Wednesday, April 1 at 9:00 am; Hosted by Verrill
Added March 26, 2020: Paid Leave Information from the Federal Department of Labor
Added March 24, 2020: Maine’s updated business mandate from Governor Mills
If you are a member and did not receive the MMTA email on March 24 regarding essential and non-essential businesses, please email firstname.lastname@example.org
Added March 23, 2020: Federal and State Small Business Resources
Added on March 19, 2020:
Eligibility for Economic Injury Disaster Loans is based on the financial impact of the Coronavirus (COVID-19). The interest rate is 3.75 percent for small businesses. The interest rate for private non-profit organizations is 2.75 percent. SBA offers loans with long-term repayments in order to keep payments affordable, up to a maximum of 30 years and are available to entities without the financial ability to offset the adverse impact without hardship.
Applicants may apply online, receive additional disaster assistance information and download applications at https://disasterloan.sba.gov/ela. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email email@example.com for more information on SBA disaster assistance. Individuals who are deaf or hard of hearing may call (800) 877-8339. For complete details on SBA, visit www.sba.gov.
SBA Customer Service Representatives will be available to answer questions about SBA’s Economic Injury Disaster Loan program and explain the application process at 1-800-659-2955.
Added March 18, 2020:
Here is the summary of what is available in Maine as of March 18, 2020 : File for unemployment insurance and/or SBA loans.