Updated COVID-19 related
INFRARED THERMOMETERS & FREE MASKS
The allocated amount of surgical masks for eligible essential small businesses and infrared thermometers for small businesses, nonprofits and houses of worship have been met. Therefore, the request portals have been closed. If you have already submitted a request, delivery may take up to two weeks. If after two weeks you do not receive your requested supplies please email: covid19.JIC@ct.gov.
If your small business, non-profit, or house of worship is in need of PPE or supplies, the state of Connecticut has established a listing of vendors currently manufacturing and sourcing these critical items. https://portal.ct.gov/DECD/Content/Coronavirus-Business-Recovery/Small-Business-Reopening-Resource-Guide/Suppliers
Congress has adopted a new round of funding for the Paycheck Protection Program (PPP) & EIDL and today is the day to apply. Read more about the PPP. https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program
During the last funding for the PPP, these loans were forgivable if used for maintaining payroll and other specific, limited uses. It is expected that the same process will be in place this time. Businesses will fill out an application and bring it to financial institutions with whom they have an existing relationship.
In order to get a head start on the process, we are pleased to provide you with the Application for the PPP https://www.sba.gov/sites/default/files/2020-04/PPP%20Borrower%20Application%20Form.pdf
The last round of funding ran out soon after it was put into play. If you are planning to apply for the PPP, it makes sense to contact your lender now, let them know you will be applying for the PPP and complete the application in advance.
Read more about the PPP & EIDL availability here.