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W W W. M A I N E B I Z . B I Z 5 M AY 1 6 , 2 0 2 2 Copyright 2022. All rights reserved. Mainebiz® (ISSN# 1530-0749) is published bi-weekly 29 times a year, including special issues published in July, September, October and December by New England Business Media LLC. Periodicals postage paid (USPS# 018-715) at Port land, ME and at additional entry points. Postmaster: Please send changes to: Mainebiz, PO Box 330, Congers, NY 10920-0330. Annual subscriptions are available for $72.00 and include Fact Book and Book of Lists. To subscribe, please visit our website at www.mainebiz.biz, email mainebiz@ cambeywest.com or call our circulation department at 845-267-3008. Mainebiz® accepts no responsibility for unsolicited manuscripts and in general does not return them to the sender. 3 Viewpoints Editor's letter plus Top 10 34 On the Record Home-based business is a juggling act for Camden entrepreneur behind LooHoo Wool Dryer Balls 35 In Short Newsworthy people and performances 38 The List Maine's largest Small Business Administration 7(a) loans B U S I N E S S M A I N E I N E V E RY I S S U E 6 Pennsylvania developer plans 128-unit apartment complex in Auburn 7 Credits & Debits 9 Ask ACE What does innovation look like? 11 Brunswick Landing's landmark Navy plane will move from entrance 12 Biz Money $20M program launched to expand affordable rental housing in rural Maine A roundup of Maine's business news 6 P H O T O / J I M N E U G E R 34 ? Figuring out which loan program is best for your business is no easy task. There are a variety of programs, terms, and compliance requirements, and borrower guidelines may not be clearly stated. Pierce Atwood attorneys provide advice and counsel to businesses of all sizes to help them access the loans they need, and comply with program and lender requirements. If you need assistance with assessing the options available to you, please let us know. We want to help you succeed. Pierce Atwood. There's a reason… Helping Businesses Navigate Federal and State Loan Programs COMMERCIAL STREET • PORTLAND, ME •••• • ••. • •.•••• • PIERCEATWOOD.COM