Financial Help: Loans, Grants, Relief Funding

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U.S. Small Business Administration (SBA)
Disaster relief loans of up to $2 million. Small businesses and non-profits can learn more about the program and apply for financial assistance
http://www.sba.gov/disaster or call the SBA at 1-800-659-2955.

• This reply was modified 10 months ago by wpdev.

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State of CT
Small businesses with questions about the SBA loan program or other assistance provided at the state-level can call 860-500-2333 to speak directly with a representative from the Dept. of Economic and Community Development (DECD).
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DECD is also working on Connecticut’s own short-term, very low-interest bridge/recovery loans, they are hoping to roll out the week of March 23.
Hotline: 860-500-2333 or email: [email protected]

Businesses can also stay informed on news and guidance related to COVID-19 and its impact on Connecticut by visiting the state’s dedicated coronavirus website at ct.gov/coronavirus.

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Connecticut Community Foundation
Give Local April 21-22, 2020
Sign up now (by April 6) https://www.givelocalccf.org
Webinar: March 24, 2020 at 1:30 p.m.
​Access CCF’s recent webinar through their website: http://www.conncf.org​
Topics included flexibility with existing grants, technology resources for working remotely and creative ways to fundraise online.

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The Alliance of CT Nonprofits, a membership organization for all nonprofits, has published a COVID-19 Response Resource Center collecting links to Federal and State agency resources.
The Connecticut Council for Philanthropy has also collected Coronavirus Resources for Funders and Nonprofits.

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Connecticut Recovery Bridge Loan Program
Connecticut small businesses and nonprofits that have been negatively impacted by the global spread of the COVID-19 pandemic can now apply for one-year, no-interest loans of up to $75,000 under the launch of a new program administered by the state’s Department of Economic and Community Development (DECD).

The Connecticut Recovery Bridge Loan Program will make $25 million available to Connecticut businesses and nonprofits that have 100 or fewer employees to assist with cash flow. Loan amounts are up to the lesser of either three months operating expenses and/or $75,000.

Contact DECD Hotline at (860) 500-2333 or via email at [email protected]. Email preferred due to high volume on phone lines.

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