Mainers are resilient. Along with the rest of the country, however, too many Mainers continue to struggle in this tough economy. Senator Collins believes that putting people back to work is the key to improving our economic recovery and should remain our number one goal. With this goal in mind, Senator Collins has offered or supported legislation aimed at providing tax relief, cutting red tape, and investing in a 21st century workforce.

Collins, King Announce $1.6 Million to Support Maine Small Businesses, Communities Amid COVID-19 Pandemic

Washington, D.C. –U.S. Senators Susan Collins and Angus King announced that $1.6 million has been awarded to support the redevelopment and revitalization of small businesses in Maine that have suffered financial harm as a result of the COVID-19 pandemic. This funding, awarded through the Economic Development Administration’s (EDA) CARES Act Recovery Assistance Program, will support Androscoggin, Kennebec, Somerset, Waldo, Aroostook, Washington, Penobscot, Oxford, Cumberland, and York counties.

 

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COVID-19 Financial Relief for Maine Farmers Reaches $7.75 Million

Washington, D.C. – U.S. Senator Susan Collins announced today that Maine farmers have been awarded a total of $7.75 million thus far to help offset the financial harm they have experienced due to COVID-19.  The funding is provided through the Coronavirus Food Assistance Program (CFAP), created through the CARES Act, which will provide up to $16 billion in direct payments to deliver relief to America’s farmers.

 

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Senators Collins, King Announce $400,000 for Eastern Maine Development Corporation

Washington D.C. – U.S. Senators Susan Collins and Angus King announced that the Eastern Maine Development Corporation has been awarded $400,000 to support the redevelopment and revitalization of small businesses in Penobscot, Piscataquis, Waldo, and Hancock counties that have suffered financial harm as a result of the COVID-19 pandemic. This funding was awarded through the Economic Development Administration (EDA)’s CARES Act Recovery Assistance Program.  

 

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After Delegation Letter Urging Action, Collins, King, Pingree Applaud Administration Move to Support Lobster Industry

WASHINGTON, D.C. – Today, U.S. Senators Susan Collins (R-Maine) and Angus King (I-Maine) and Representative Chellie Pingree (D-Maine) released the following statement in response to a Presidential Memorandum that calls on USTR and USDA to provide the lobster industry with the same form of financial assistance that has already been extended to farmers suffering as a result of China’s retaliatory tariffs.

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Senator Collins, Congresswoman Pingree Urge Swift Disbursement of Relief to Maine Fishing Industry

WASHINGTON, D.C.—Senator Susan Collins and Congresswoman Chellie Pingree today wrote to Maine Department of Marine Resources (DMR) Commissioner Patrick Keliher, advocating for swift allocation of the more than $20 million Maine received through the CARES Act for fishing industry relief. The lawmakers encouraged DMR to quickly develop a plan for how the funding would be allocated in the state.

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Maine Delegation Announces More Than $20 Million for Maine Fishing Industry

Washington, D.C.—U.S. Senators Susan Collins and Angus King, and Representatives Chellie Pingree and Jared Golden announced today that Maine lobstermen, fishermen, and other Mainers working in the seafood supply chain will receive a total of $20,166,476.  The funding represents the fifth-highest amount being awarded among 31 recipients.

 

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Collins, King Join Bipartisan Push to Provide Aid to Maine’s Seafood Industry

WASHINGTON, DC – U.S. Senator Susan Collins (R-Maine), and Angus King (I-Maine) joined a bipartisan group of 25 Senators in pushing for more federal assistance to America’s fishermen and seafood processors, who have been hit hard by the coronavirus pandemic. In their letter to Senate Majority Leader Mitch McConnell and Minority Leader Chuck Schumer, the senators request that upcoming coronavirus relief legislation include new funding and provisions to support fisheries around the nation.

 

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An Additional 9,026 Maine Small Employers Received $317,222,402 Through the Paycheck Protection Program in the Past Week

The average loan was $35,145 in the second round of funding with an estimated average business size of three employees

 

Washington, D.C.—U.S. Senator Susan Collins, a member of the Small Business Coronavirus Task Force,announced today that an additional 9,026 Maine small employers received $317,222,402 in forgivable loans through the Paycheck Protection Program (PPP) last week.  Since the program began last month, 25,695 Maine small employers have received a total of $2.55 billion.

 

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Seasonal Small Businesses Receive Additional Flexibility in Calculating Maximum PPP Loan Amounts

Washington, D.C.—U.S. Senator Susan Collins, a member of the Small Business Coronavirus Task Force, announced today that Treasury has released a new rule that will provide greater flexibility to seasonal businesses applying for forgivable PPP loans.  Senator Collins, the co-author of the Paycheck Protection Program (PPP), has been pushing for greater flexibility for small, seasonal businesses.

 

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Paycheck Protection Program Loans Reach $2.22 Billion for 16,196 Maine Small Employers

Across the country, more than one million small employers have been approved for PPP loans

 

Washington, D.C.— U.S. Senator Susan Collins announced today that $2.22 billion in forgivable Paycheck Protection Program loans have been approved for 16,196 small employers in Maine.  Nearly 100 different Maine lending institutions are currently participating in the program and working around the clock to disburse this funding as quickly as possible. 

 

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Senator Collins Appointed to Bipartisan Presidential Task Force Focused on How to Safely Re-Open the U.S. Economy

Washington, D.C.—U.S. Senator Susan Collins, a member of the Senate Health Committee, was appointed by President Trump to serve on a COVID-19 Task Force comprised of a bipartisan group of Senators and Members of the House of Representatives.  The purpose of the Economic Recovery Initiative is to provide counsel to the President on how to safely re-open the American economy.  

 

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Nearly $2 Billion in Paycheck Protection Program Loans Approved for 12,364 Maine Small Employers

Nearly $2 Billion in Paycheck Protection Program Loans Approved for 12,364 Maine Small Employers

  

Washington, D.C.— U.S. Senator Susan Collins announced today that 12,364 small employers in Maine have been approved for $1.98 billion in forgivable Paycheck Protection Program loans.  Dozens of Maine lending institutions are currently participating in the program and working around the clock to disburse this funding as quickly as possible. 

 

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