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Gorham, ME – This morning, U.S. Senator Susan Collins visited Moody’s Collision Center to participate in a Q&A with approximately 25 employees and provide an update on the federal government’s ongoing response to the COVID-19 pandemic.
“As an employee-owned company, Moody’s Collision Center exemplifies Maine’s entrepreneurial spirit and commitment to quality,” said Senator Collins. “The coronavirus pandemic has caused great disruption to our society, especially to Maine’s small businesses, which make up nearly 60 percent of our state’s workforce. From making face masks for Maine Veterans’ Homes to taking extra precautions to protect staff and customers, the dedicated employees of Moody’s have stepped up to meet the challenge.”
“The Paycheck Protection Program is a lifeline for small businesses in Maine and throughout the country,” continued Senator Collins. “As we continue to combat this public health and economic crisis, I have been working with my colleagues to extend the PPP to allow the hardest hit small businesses to receive additional loans and expand forgivable expenses to include facility modifications and personal protective equipment to ensure the safety of employees and customers.”
Moody’s received a forgivable loan through the Paycheck Protection Program (PPP). Senator Collins co-authored the PPP to help small employers continue to keep paying their workers during the COVID-19 pandemic. Since its launch in early April, more than 27,000 Maine small businesses and self-employed individuals have received more than $2.2 billion in forgivable loans, helping to support approximately 240,000 jobs throughout the state.
Two local business owners who also received forgivable PPP loans attended today’s event: Kevin French of Landry French Construction in Scarborough and Jon Shaw of Shaw Brothers Construction in Gorham.
Moody’s was established in Gorham by Shawn Moody nearly 40 years ago. The employee-owned business now operates 13 collision centers throughout Maine.