Thrive Maine is a forgivable loan program to help small Maine businesses and nonprofits that have experienced COVID-19-related negative economic impacts. Applications for this program open on October 4, 2022. This program is funded by the American Rescue Plan and Act (ARPA) with $58 million allocated to support Maine small businesses through Governor Mills’ Maine Jobs and Recovery Plan.

In order to receive a forgivable loan from Thrive Maine, a business must have a UEI (Unique Entity Identifier) or provide proof that your business has applied for a UEI.

FAME, The Finance Authority of Maine held a webinar on September 28th to provide information about the program and how to apply. Webinars, Q&A sessions, and more can be found at famemaine.com/thrive.