Paycheck Protection Program News and In-Depth Reporting

Lamont welcomes pandemic relief as ‘better late than never’

Connecticut scrambled Monday to determine how the president’s delay in signing COVID relief will impact unemployment benefits.

Connecticut borrowers included law firms, manufacturers and Choate, who says it returned the money.

As states plan to reopen, the GOP insists employers be shielded from liability if their workers or customers contract COVID-19.

Some firms have been granted loans in this week’s round of distributions. Others are still waiting.

“’This is not everything we wanted,” said Rep. Rosa DeLauro. “Next we need relief for states and localities.”

The bill, however, did not contain more money for cities or states.

The number of new COVID-19 cases declined in Connecticut on Easter Sunday, but deaths and hospitalizations jumped .

Mnuchin wants $250 billion more for Paycheck Protection Program loans that are in great demand by CT small businesses.

As part of the federal coronavirus response, a new $350 billion federal loan program will begin accepting applications on Friday.