ppp

A Connecticut fire district has terminated the employee who got it a Paycheck Protection Program loan that raised questions last year.

A Bloomfield fire department has voted to return a $120,459 paycheck protection program loan it received.

The vast majority of PPP recipients in Connecticut received loans under $150,0000.

Connecticut businesses have received more than $7 billion since the Paycheck Protection Program launched in 2020.

Connecticut employers have received $1.9 billion from the Paycheck Protection Program so far this year, but will it be enough to keep their doors open.  “Since the reopening in January, 22,000 Connecticut businesses and entities have received approval for either first draw or second draw PPP loans,” Catherine Marx, Connecticut district director for the Small Business Association, said. The second…

Many small businesses in Connecticut received Paycheck Protection Program loans, but will that be enough to help them stay afloat?

With a new administration in Washington, there will be a new approach to hundreds of federal programs and how they impact people. Top of the list for many?  The third round of the Payroll Protection Program. A number of smaller, minority owned businesses struggled during the pandemic despite a massive, multi-billion dollar Paycheck Protection Program (PPP) designed to help...

A number of smaller, minority owned businesses struggled during the pandemic despite a massive, multi-billion dollar Paycheck Protection Program (PPP) designed to help them.

A Paycheck Protection Program loan given to a Connecticut fire department will be under the microscope after taxpayers raised concerns, and NBC Connecticut Investigates looked into it. The Blue Hills Fire District was awarded a PPP loan, but two former commissioners say they weren’t even aware of the application and some are now questioning how the money was used....

The Blue Hills Fire District was awarded a PPP loan, but two former commissioners say they weren’t even aware of the application and some are now questioning how the money was used.

The Paycheck Protection Program (PPP) was designed to help keep small businesses afloat during the pandemic with low interest, forgivable loans, but there has been controversy in some cases over who the money was distributed to and how it was used. Now there’s anger and confusion about a PPP loan taken by a Connecticut fire department that NBC Connecticut...

The Blue Hills Fire District was awarded a PPP loan, but two former commissioners say they weren’t even aware of the application and some are now questioning how the money was used.

A provision in the new stimulus bill may help small business owners trying to navigate their taxes after taking a PPP loan.

A Brooklyn man was arrested Monday on charges of defrauding the federal Paycheck Protection Program (PPP) of almost $2 million. Federal prosecutors in Brooklyn charged Leon Miles, 51, of using the money to purchase a 2020 Bentley Continental for $250,000 and a 2020 Cadillac Escalade for $100,000. The PPP is part of the CARES Act passed by Congress in March…

Groton salon owner Chris Goslin said she struggled to get a Paycheck Protection Program loan. She said looking back at it now, she never would have taken one if she knew about the tax consequences. It’s a nasty surprise for some business owners. When we last spoke with Goslin in April, she was battling to get a small forgivable Paycheck...

Some business owners say they regret accepting Paycheck Protection Program loands because of the tax consequences.

Sweeping data released by the Small Business Administration on who benefited from pandemic relief programs raises questions about the equitability and distribution of loans intended for small businesses, an initial analysis by NBC News shows. The analysis found that tenants paying rent at properties owned by the Trump Organization as well as the Kushner Companies, owned by the family of Jared...

Small businesses have it tough enough trying to stay afloat in the pandemic. Now the Small Business Administration has made it easier for the ones who received a smaller Paycheck Protection Program (PPP) loan, to have it forgiven.              Jason Teal said his restaurant, Bomb, Wings, and Rice Bar in Hamden is the only place in America where you can...

The Small Business Administration is working to make it easier for small businesses who received PPP forgivable loans to have that forgiven.

The HEROES Act is expected to die in the Senate, according to Senate Majority Leader Mitch McConnel, R-Ky.