Small businesses struggling to pay workers and bills may get some relief from a $200 million grant program that Gov. Janet Mills unveiled Thursday. Individuals with questions related to disaster tax help should contact Treasury via theTreasury Self-Service website. Businesses with questions should inquire through self-service options usingMichigan Treasury Online.
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“However, there are all the time a few small businesses and entrepreneurs that are relatively new or function from residence, so they’re less seen. We want each single business that meets the necessities, to use and benefit from this grant opportunity.” . Maximize your potential with profession services designed particularly for on-line MBA college students.
Individual and business taxpayers who reside in Arenac, Gladwin, Iosco, Midland and Saginaw counties now have further time to file state tax returns, with penalties and interest waived. The five counties had been severely affected by flooding in May, impacting properties, businesses and public services and infrastructure. “The town has a good suggestion of the many corporations that make up the varied Southborough business community,” she said.
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“My Administration will do all we can to support Maine’s small businesses by way of these troublesome occasions,” Gov. Mills mentioned Thursday. Other states, including New Hampshire, took steps to support small businesses much sooner. New Hampshire Gov. Chris Sununu introduced the creation of the “Main Street Relief Fund” program in June and made $four hundred million in CARES Act funds obtainable to small businesses within the Granite State.
“This is a good opportunity for businesses to take slightly fear off their minds,” Scott mentioned of Mills’ grant program. “This is a very good start, and it targets the companies which were essentially the most impacted and people which might be small and Maine-based,” stated Mary Alice Scott, govt director of Portland Buy Local, a service provider group centered on Portland.
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Maine Gov. Janet Mills announced Thursday the creation of a new small business grant program to provide relief to struggling small businesses impacted by economic shutdown she ordered in late March in response to the coronavirus pandemic. The Mills administration is allocating $200 million of the $1.2 billion Maine received in the federal CARES Act to offer this assist.