Posted on July 27, 2022
Small businesses and nonprofit organizations with less than 100 full-time employees may be able to benefit from the newly created Connecticut Small Business Boost Fund. The program provides low interest non-forgivable loans to approved applicants between $5,000 and $500,000 (subject to eligibility).
Loans totaling less than $150,000 will have a 60-month repayment period while those totaling more than $150,000 will have a 72-month repayment period. These loans can be used for payroll, equipment, utilities…