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Banking & Finance

Horse protection nonprofit gets $200,000 charitable donation

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The Maine State Society for the Protection of Animals said Tuesday that it received a $200,000 grant to support its general operations and planned expansion of its equine rehabilitation facility in...

KeyBank ramps up its residential mortgage business

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Key Bank has appointed Stephen F. Jordan as vice president, mortgage market manager, as part of a ramping up of its New England sales team to better serve clients seeking to buy homes in Maine and...

Lisbon expands its small-business base with strategic business loans

Lisbon, a town of more than 9,000 in eastern Androscoggin County, has given out nearly $400,000 in economic development loans in the past five years to grow its small-business base.

Foundation awards grants to 31 Maine nonprofits

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The Frances Hollis Brain Foundation Fund at the Maine Community Foundation has awarded 31 grants totaling $175,740 to nonprofit organizations that serve disadvantaged, underserved, and/or vulnerable...

FAME approves financing for Thompson's Point project

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The board of Finance Authority of Maine approved a direct loan of $495,000 to Forefront Commons I LLC to help renovate a historic former rail building as part of a larger construction project at...

Six businesses receive $530K in USDA Rural Development grants

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Six small businesses in southern Maine have received nearly $530,000 in federal grants from two USDA Rural Development programs.

SBA and MTI host event on federal grant funding for Maine small businesses

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The U.S. Small Business Administration and the Maine Technology Institute will host an event in Portland on Friday that will give Maine small businesses a chance to meet program managers and senior...

Franklin Savings launches $150K donation campaign for local nonprofits

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Franklin Savings Bank is celebrating its 150th anniversary by setting up a fund that will make donations to nonprofits in its coverage area.

CEI gets 4-star Aeris rating for its fund management, community impact

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Aeris, the independent rating and information service for community investment funds, has given strong ratings to Coastal Enterprises Inc. for its fund management and the social impact of its...

KeyBank promotes Kelley to Maine market president

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Less than two months after the death of Sterling Kozlowski, KeyBank's Maine market president, the bank has named his successor.