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U.S. Small Business Administration News

Web Site: http://www.sbaonline.sba.gov
409 Third Street, SW, Washington, DC 20416
Tel: (860) 240-4654 Fax: (860) 240-4659

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PPP Approvals on the Rise!

February 10, 2021

Connecticut Paycheck Protection Program approved lending in is on the rise. PPP loans through February 7, 2021 total $1,495,517,386 to our 6,512 small businesses and entities.

Here's what you should know:
*�Borrowers can apply for a PPP Loans before the March 31 statutory deadline, subject to the availability of funding.
*If you have not received a PPP loan before, First Draw PPP Loans may be available to you, Click here.
* If you have previously received a PPP loan, certain businesses are eligible for a Second Draw PPP Loan. For more info click here.
*Lender Match can also help connect you with an SBA participating lender. The SBA provides Paycheck Protection Program reports, for a complete report click on the link below.

Today, nationally the SBA hit a major milestone of approving $103 billion of PPP funds to more than 1.4 million small businesses. For the full Press Here!click here.

Member News is provided as a service of the Midstate Chamber of Commerce and is also featured in the monthly "Chamber News" newsletter mailed to members.