Coronavirus (COVID-19) Relief Center
Coronavirus (COVID-19) Relief Center
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Maine
These resources – like the public health crisis itself – are constantly evolving and are only current as to the date of publication. This page was last updated on May 20, 2020.
For more up-to-date information on the relief programs available in Maine, we recommend that you visit the state's COVID-19 Response website.
Description of Program and Relief
COVID-19 Relief Business Direct Loan Program
The Finance Authority of Maine (FAME) provides Direct Loans of up to $50,000 with special terms available to Maine-based businesses experiencing interruption or hardship due to COVID-19. Eligible borrowers with complete applications will have their applications reviewed and approved in an expedited manner. These loans are offered at a decreased interest rate and decreased fee schedule.
Government or Lead Agency
Finance Authority of Maine (FAME).
Dates Available
Effective immediately.
Eligibility Requirements/Restrictions
Maine-based business experiencing interruption or hardship due to COVID-19 that demonstrate that other sources of capital have been exhausted.
Application Deadlines (If Applicable)
N/A
Contact for More Information
Contact 1(207) 623-3263 or 1(800) 228-3734 (TTY: (207) 626-2717).
List of Additional Information
© 2021 Paul, Weiss, Rifkind, Wharton & Garrison LLP. This does not constitute legal advice and does not create an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. Past representations are no guarantee of future outcomes.