July 9th Deadline for Connecticut Small Businesses to Apply for SBA Working Capital Loans
The U.S. Small Business Administration (SBA) is reminding businesses in Connecticut that working capital loans are still available to small businesses, small agricultural cooperatives; small businesses engaged in aquaculture and private nonprofit organizations affected by severe storms, tornadoes and straight-line winds on May 15, 2018. “Businesses that suffered economic losses as a result of the disaster and want to apply for low-interest loans from the SBA are urged to do so before the July 9 deadline,” said Kem Fleming, Director of SBA Field Operations Center East. Low-interest disaster loans are available in the following counties: Fairfield, Hartford, Litchfield, Middlesex and New Haven in Connecticut. Working capital disaster loans up to $2 million are available at 3.61 percent for small businesses,…