Connecticut House GOP

    State Representative

    David Rutigliano
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    Connecticut House GOP

    State Representative

    David Rutigliano
    Connecticut House Republicans

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

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    April 2, 2020

    Rutigliano: Paycheck Protection Program (PPP)

    Rutigliano: 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

    Rutigliano, House & Senate Republicans Call for Transparency in Governor’s CT Sun Purchase Proposal

    Rutigliano, House & Senate Republicans Call for Transparency in Governor’s CT Sun Purchase Proposal

    Raise Concern about State Treasurer as Sole Fiduciary (Watch the news conference here) HARTFORD—State Representative David Rutigliano along with his House and Senate Republican colleagues on Thursday demanded Governor Lamont make public the details of his proposal to use the state employee pension fund to purchase a stake in the Connecticut Sun, while also calling […]

    September 18, 2025
    Rutigliano: 2025 Sales Tax‑Free Week

    Rutigliano: 2025 Sales Tax‑Free Week

    Connecticut’s 2025 Sales Tax‑Free Week is set for Sunday, August 17 through Saturday, August 23, 2025. During this period, most clothing and footwear items priced under $100 per item can be purchased tax‑exempt, saving buyers the state’s usual 6.35% sales tax when the item is paid for during that week, even if delivery happens later. This exemption […]

    August 6, 2025