Hartford, CT. Updated 04/10/2020 (Update June 5, 2020 PPP amended by PPPFA – Please Read) Summary: Many small businesses should apply for these loans without delay. Business owners with questions should contact their lawyers or accountants promptly. A Paycheck Protection…
EIDL – Economic Injury Disaster Loan
Eligible Small Businesses may borrow up to $2 million, with a fixed interest rate not to exceed 3.750 percent (2.750% for nonprofits) with loan terms of up to thirty (30) years under the Economic Income Disaster Loan (EIDL) Program. We…
State of Connecticut Emergency Bridge Loans
The State of Connecticut announced last week that it was making $50 million (doubled from the original $25 million) available for a short-term emergency small business loan program. Businesses with under 100 employees that were profitable before March 10,…