Posted on May 21, 2020 by hbrooks
With yesterday’s reopening of many business sectors across the state, numerous state agencies have put out resources, guidance, and rules for businesses and patrons to reference. Below, you will find links to many of these guidelines, along with some general resources you may find helpful as you navigate the state’s phased reopening.
Department of Agriculture (DoAg)
Department of Economic and Community Development (DECD)…
Posted on May 15, 2020 by hbrooks
Connecticut Bankers Association Provides Update on Paycheck Protection Program
Last week, the Connecticut Bankers Association made the most recent Connecticut-specific Paycheck Protection Program data available for public view. As of last Friday, 34,629 loans and $2,725,531,573 have been approved for Connecticut businesses.
In addition, the nationwide burn rate of dollars available for PPP loans has slowed dramatically, and there should be enough operational funding to keep the program running for…
Posted on March 18, 2020 by hbrooks
As the novel coronavirus (COVID-19) outbreak continues to make headlines, a great deal of uncertainty has been injected into the lives of business owners and workers, many of whom have been left, indefinitely, without pay or health benefits.
Still, there are many options and resources available to business owners and workers as they navigate these tumultuous economic conditions, and to that end I have dedicated this page to be constantly updated with the newest information for these parties as it…