Connecticut House Republicans

    Fighting for Connecticut's families and businesses with common-sense solutions.

    FacebookXInstagramYouTube

    Caucus Resources

    • Leadership Team
    • Caucus Members
    • House Republicans
    • Caucus Newsroom
    • Media Inquiries

    Legislative Resources

    • Bill & Document Search
    • Bill Information Search
    • Legislative Committees

    Documents & Surveys

    • OLR Major Public Acts 2023

    Government

    • Departments & Agencies
    • Governor's Office
    • State Budget
    • State Checkbook

    Contact Us

    Legislative Office Building, Room 4200
    300 Capitol Avenue
    Hartford, CT 06106

    860-240-8700
    800-842-1423

    Contact page

    Citizen Guide

    • 2021 Redistricting Project
    • About Connecticut
    • How to Testify
    Connecticut House GOP

    State Representative

    Gale Mastrofrancesco
    AboutContactNewsroomDistrict MapLegislation
    Connecticut House GOP

    State Representative

    Gale Mastrofrancesco
    April 2, 2020

    Mastrofrancesco: Paycheck Protection Program (PPP)

    Mastrofrancesco: Paycheck Protection Program (PPP)
    This article was archived from the previous WordPress site. Formatting and media should be close, but may not match the original post perfectly.

    The Paycheck Protection Program is a federal initiative providing forgivable loans. This program is aimed specifically at small businesses with 500 or fewer employees, including nonprofit entities (including churches), veterans’ organizations, tribal concerns, self-employed individuals, sole proprietorships and independent contractors. Businesses with more than 500 employees are eligible in certain industries.

    The program has a total funding level of $349 billion and is administered by the US Department of Treasury.     Select banks will start to accept applications Friday, April 3rd. Independent contractors and self-employed individuals can apply Friday, April 10.

    You are encouraged to apply as early as you can because of the funding cap.
    Application Information:
    Participating banks will accept and process applications.
    Call your bank or use the SBA Lender Match tool.
    You can also contact your Small Business Development Center or Women’s Business Center.
    Click here for the application
    Loan amounts are provided to businesses based on each company’s payroll level. For instance, the typical loan amount will be 2.5 times average monthly payroll. During the COVID-19 period, when a company retains employees or rehires them, the principal and interest on loans provided by the program will be forgiven.
    Get more information

    Latest Posts

    Rep. Mastrofrancesco Op-Ed: Hartford’s Cash-for-Connections Culture Under Investigation

    Rep. Mastrofrancesco Op-Ed: Hartford’s Cash-for-Connections Culture Under Investigation

    From the Desk of Rep. Mastrofrancesco: Nothing should be a surprise when it comes to Hartford, and some days, it really does feel like Groundhog’s Day (the movie with Bill Murray where he lived the same day over and over again). Yet, here we are, with another federal corruption investigation involving a legislator. Grand jury […]

    September 3, 2025
    Major Acts Report Released

    Major Acts Report Released

    HARTFORD – The Office of Legislative Research has published its 2025 Major Public Acts report, which provides summaries of new laws that were passed during the 2025 legislative session, including legislation focused on public safety, education and transportation, among several other important areas. The OLR report gives brief summaries of the laws, some of which […]

    July 22, 2025