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30,000 CT companies granted $2.5 billion in second round of PPP

from Hartford Business

Nearly 30,000 small business loan applications worth over $2.5 billion have been approved for Connecticut companies as part of the federal government’s second round of Paycheck Protection Program (PPP) funding, new data shows. The loan program overseen by the U.S. Small Business Administration (SBA) — replenished with an additional $310 billion last week — on Monday announced that 29,559 low-interest loans totaling $2,556,813,941 were approved for in-state companies as of Friday. more

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