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Bedford Hills law firm sues SBA for not forgiving PPP loan

"Smith was identified to have a delinquent or defaulted federal debt," judge Barbeito found, and his denial of knowledge "does not appear credible."

CT office of SBA, on record-setting lending tear, promises to redouble...

“Our grants and programs will still have a very important part to play in the small business ecosystem in 2022 – and beyond,” says Connecticut SBA District Director Catherine Marx.

CT SBA office reports highest lending volume in over 5 years

The office will "increase efforts to expand access and promote lending programs to reach underserved communities and persons otherwise adversely affected by persistent poverty or inequality" next year, said Connecticut SBA District Director Catherine Marx,

48 Fairfield County organizations receiving over $40M in SBA grants

All told, 140 grants worth nearly $102.3 million have been approved for Connecticut venues,

Restaurant Revitalization Fund depleted, leaving roughly 2/3 of area applicants without...

There has been no indication whether the federal government plans to replenish the RRF.

Independent review of PPP loans finds mixed results

“They never quite got everything ironed out,” says Anna Serio of the Small Business Administration's handling of the Paycheck Protection Program initiative.

SBA learning from mistakes as it takes on herculean tasks, says...

To date, the Connecticut department of the Small Business Administration has approved over $27.7 billion in loans to businesses in the state to get through Covid-19 – and more is on the way.

Curtain rises (a bit): Theaters try to spring back after major...

“I’m an optimistic guy, or I wouldn’t work in the arts,” says Westport Country Playhouse Managing Director Michael Barker.

SBA launches new grant program for ‘smallest of the small’ businesses

Competitive grant awards will range from $1 million to $5 million for a two-year performance period.

SBA: Restaurant Revitalization Fund relief will start arriving today

The agency says that over 50,000 additional PPP loans have been approved, totaling $3.1 billion for Connecticut businesses and entities in 2021.

SBA’s restaurant fund applications open on May 3; Free drinks for...

The #CTDrinksOnUs campaign features participating Connecticut restaurants offering a complimentary drink to vaccinated patrons who order food.

Small businesses (finally) seeing sunny skies ahead

“We started about a year and a half ago,” Demetrius Glover, owner of wellness and community-building event company SolHaus in Stamford, said, “so with Covid, doing meditation and live entertainment at company events became difficult.”

Pols take victory lap for pro-small business efforts at Newtown...

DECD Commissioner David Lehman told the Business Journal that he expected to announce “a couple of big companies” relocating to Fairfield County from Westchester and New York City in the coming few weeks.

CT businesses approved for nearly $2B in latest round of PPP...

The deadline for applying for the forgivable loans is March 31 -- or sooner, if Congressional appropriations are exhausted.

PPP loan process smoother this time; 3rd round may not be...

As of Jan. 24, the SBA reports approving 4,787 loans for nearly $479.2 million in Connecticut during the new round.