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SBA details PPP recipients

The Small Business Administration has announced 16,495 small businesses in Connecticut’s 4th Congressional District received between $1.3 billion and $2.4 billion in loan assistance through the Paycheck Protection Program, supporting 140,916 jobs.

Among the organizations are The Ridgefield Playhouse and Adam Broderick in Ridgefield.

Congressman Jim Himes says the swift action stanched the bleeding and allowed Connecticut workers to keep lights on and food on the table. Adjustments were made after the initial release of funds to get more money in the hands of minority-owned businesses and businesses without strong banking connections. 

Many companies in the 5th Congressional District also received PPP loans including Caraluzzis and Hollandia in Bethel, La Pietra and the Regional YMCA in Brookfield, Blue Sky Behavioral Health and United Way in Danbury, and Sandy Hook Promise and CH Booth Library in Newtown.

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Rich Valdes

Local Headlines