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“We’ll see how it plays out,” says Connecticut Restaurant Association Executive Director Scott Dolch.
The president of one Stamford company said she’d been sparring with Chase – her bank of choice for over 25 years – over her firm’s PPP loan practically since the program was announced. “They’re probably the poster child for incompetency," she said.
The Department of Economic and Community Development announced that, having received over 4,000 applications, it will stop accepting them as of 6 p.m. today -- but that it will return with double the funding, at $50 million. But that action will be temporary, according to DECD Commissioner David Lehman.
“We believe this program provides the quick, short-term financial assistance (small businesses and nonprofits) need to maintain operations and weather this storm," said Department of Economic and Community Development Commissioner David Lehman.
“We enthusiastically support Bob the Rebuilder as the small-business pick for governor,” said Tim Goodrich, NFIB’s executive director of state government relations.
The Comprehensive Energy Strategy finalized Feb. 19 by Gov. Dannel P. Malloy seeks to more than double the number of Connecticut businesses with access to natural gas, while leaning heavily on utilities and consumers to foot the bill for any infrastructure.
Small business lending activity across the U.S. hit its lowest level in 14 months in September, according to a Nov. 1 report issued by Thomson Reuters and PayNet Inc.
Like other retailers and restaurants, the Fairfield County entities among “the best in Connecticut” face still leery consumers
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