Mainebiz

November 29, 2021

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W W W. M A I N E B I Z . B I Z 7 N OV E M B E R 2 9 , 2 0 2 1 C R E D I T S & D E B I T S Member FDIC At NBT Bank, our goal is to help you reach yours. Our relationship managers have the expert guidance, capital and cash management solutions it takes to help grow your business. Our local perspective builds strong partnerships that maximize your potential for success. Let our experienced commercial banking team create real opportunity for your business. Partnering with Maine's future. One business at a time. Kimberly Twitchell, SVP Maine Regional President Jeremy Deering, SVP Regional Commercial Banking Manager Mark Schaub, VP Senior Commercial Banking Relationship Manager Amy Taylor, VP Treasury Management Commercial Product Manager Connect today: Wayne Morphew Senior Business Banking Officer Connect by calling 207-808-4485 or meet the team at www.nbtbank.com/me Maine Regional Headquarters 5 Widgery Wharf, 3rd Floor | Portland, ME 04101 Capital and Treasury Management Solutions Local Perspective and Decision Making HOW CAN WE HELP YOUR BUSINESS TODAY? Maine to get $11M federal boost for hard-hit tourism industry — The hospitality industry's own shot in the arm In Lewiston, brewer wins $80K prize, including free rent for a year — A clever twist for the prize in a startup competition Coastal Enterprises deployed $36M to 95 businesses this year, mostly in Maine — A leading example for Maine's nonprofit community Trade Winds Inn in Rockland faces closure after 56 years — Not exactly "historic," but a closure of the longtime inn would be a loss Maine hospitals score well for safety this fall, but grades dip — Tough year for everyone involved Despite setback in court, lobstering trade group launches $10M campaign to fight regulations — Regulations are only part of the industry's challenges institute's commitment to steward- ing Union Wharf as a working wharf. Further investment at some point in the future is expected. Deal in the works to buy Pepperell Mill Pepperell Mill in Biddeford is under contract to be sold to local develop- ers Chris Rhoades and Drew Preston, who say they expect to complete the deal, pending due diligence, in mid- December. e developers would not disclose terms of the transaction. If

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