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Connecticut

These resources – like the public health crisis itself – are constantly evolving and are only current as to the date of publication. This page was last updated on August 31, 2020.

For more up-to-date information on the relief programs available in Connecticut, we recommend that you visit the state's COVID-19 Response website.

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Description of Program and Relief

Emergency No-Interest Loan Program for Connecticut Small Businesses and Nonprofits Impacted by COVID-19

To provide emergency cash flow relief to small businesses and nonprofits negatively impacted by the coronavirus, Connecticut is now offering qualifying organizations with 100 or fewer employees access to no-interest loans. Under the Connecticut Recovery Bridge Loan program, a qualifying business or nonprofit organization can apply for a loan of up to the lesser of $75,000 or three months of operating expenses.

Government or Lead Agency

Connecticut Department of Economic and Community Development (DECD)

Dates Available

Effective Immediately.

Eligibility Requirements/Restrictions

Click here for an overview and here for an FAQ on the program.

To be considered for this program, a business or nonprofit must:

  • Have no more than 100 employees

  • Be in good standing with the Department of Revenue Services (DRS) & DECD

  • Have been profitable prior to March 10, 2020 — with no adverse personal credit reports 60 days past due the past six months

  • Not be involved in real estate, multi-level marketing, adult entertainment, cannabis or firearms; nor be a state elected public official or state employee

Application Deadlines (If Applicable)

N/A

Contact for More Information

Contact the Express Hotline at (860) 500-2333 or via email at decdctrecovery@ct.gov (preferred).

List of Additional Information

Click here for an overview and here for an FAQ on the program.

To apply, please fill out the application form available here.


© 2021 Paul, Weiss, Rifkind, Wharton & Garrison LLP. This does not constitute legal advice and does not create an attorney-client relationship. In some jurisdictions, this publication may be considered attorney advertising. Past representations are no guarantee of future outcomes.

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