COVID-19 Disaster Assistance Loans for Businesses & Employee Information

Posted on March 17, 2020 by Greg MacKinnon


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It has been announced that Connecticut businesses will be able to apply for disaster assistance loans. In a statement made by Governor Lamont, the U.S. Small Business Administration (SBA) will be accepting applications for loans of up to $2 million to help individual businesses that have been negatively impacted by the COVID-19 outbreak.

For specific information on how to apply for the SBA’s disaster assistance loan you can click here or call 1-800-659-2955.

Business owners who have questions about the disaster assistance loan program can also speak with a representative from the Department of Economic and Community Development (DECD) by calling 860-500-2333.

The Department of Revenue Services has also extended certain filing deadlines for businesses, to review the new guidelines you can click here.

There is also information available for employees. The Department of Labor has created a document with helpful answers to frequently asked questions. To access it you can click here.