Updated Paycheck Protection Program Information

Connecticut District Office  - May 2020

u s small business administration

Updated Paycheck Protection Program Information

paycheck protection program, ppp

As of May 16, 2020, 4,341,145 PPP loans have been approved nationwide totaling $513,271,137,359 from 5,496 lenders. Totals reflect both rounds of PPP funding, here in Connecticut, 54,559  small businesses have been approved for PPP loans totaling $6,656,038,715.

PPP funds are still available to small business in need. For information on participating lenders or how to apply contact Connecticut_DO@sba.gov. 

For more information about PPP lending numbers and information click the link below for a full report.

https://www.sba.gov/document/report--paycheck-protection-program-ppp-report

For the most up to date answers to frequently asked questions regarding the Paycheck Protection Program click the link below.

PPP Loans Frequently Asked Questions (as of May 19, 2020)

https://home.treasury.gov/system/files/136/Paycheck-Protection-Program-Frequently-Asked-Questions.pdf?utm_medium=email&utm_source=govdelivery