Updated February 1, 2021
The City of Bath City Manager's Office and Planning & Development Office have been connecting with local, regional, state and national resources regarding economic response to the coronavirus (COVID-19) crisis. If you are trying to determine whether you qualify for SBA or FAME loan programs, contact your lender or local bank for more information.
Restarting Maine's Economy
The State of Maine released a plan on April 28, 2020, called Restarting Maine's Economy, including four stages of reopening businesses with checklists and guidance for reopening. On May 8, 2020, the State announced a Rural Reopening Plan in 12 counties, including Sagadahoc County, aimed at safely reopening certain additional businesses in counties which have not experienced community transmission of the virus.
More information on the State's re-opening plan: link
Economic Relief Bridge Loan Program
On January 27, 2021, the City announced a second round of one-time loans through its Economic Relief Bridge Program, an initiative which provided $300,000 in loans to 39 small Bath businesses in 2020. This year’s program was recommended by the City’s Economic Development Committee in response to immediate needs for small businesses affected by the COVID-19 Pandemic in 2021, and funding was approved by City Council.
Application form will be made available on February 1, 2021. Applicants also need to submit financial statements and debt schedule (if necessary) with the application. Application form and materials can be e-mailed to Marc Meyers at firstname.lastname@example.org. For more information about the program, contact Marc Meyers at 443-8330 or email@example.com or Ben Averill at 443-8363 or firstname.lastname@example.org.
UPDATED as of 11/30/2020: Economic Relief Grant Program
Midcoast Maine Community Action - Midcoast Maine Community Action Emergency Services is providing services to families that qualify for heating assistance, emergency utility support, rent and security deposit assistance. In some locations, they are able to assist clients with obtaining essential items needed for daily living. Emergency Services staff also help to coordinate housing assistance for homeless, at-risk individuals, and families by providing referrals and access to emergency funds that are available to residents of northern Cumberland, Sagadahoc and Lincoln counties. They also provide counseling services, referrals, advocacy, budgeting assistance, and daily living emergency services.