Sen. Blumenthal reminds businesses to apply for new round of cash from PPP on Tuesday

Sen. Richard Blumenthal got the word out Sunday with help from a financial expert Roy Abramowitz

News 12 Staff

Jan 18, 2021, 2:30 AM

Updated 1,360 days ago

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Small business owners can apply for a new round of cash from the federal Paycheck Protection Program starting on Tuesday
Sen. Richard Blumenthal got the word out Sunday with help from a financial expert Roy Abramowitz
They say small business owners can apply for up to 2.5 times their average monthly payroll.
"The $3 billion coming to Connecticut is a huge potential boost for our economy and employment and that's why I'm hoping businesses will take advantage of it, and use it to survive and thrive," said Blumenthal.
Blumenthal is urging small business owners to contact their local financial institutions for more information.