FAME COVID-19 Loan Relief Program

FAME is offering special terms to eligible Maine businesses that have experienced interruption or hardship due to COVID-19.

Various programs include:

  • Direct loans up to $50,000 offered at reduced interest rates;
  • Commercial loan insurance for Maine lenders of up to 75% on loans up to $100,000; and
  • Direct loans of up to $100,000 with special terms available to eligible borrowers who provide proof of commitment for SBA financing.