Be Aware That A New Round Of PPP Loans Is Now Available

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Jan 122021

The Paycheck Protection Program (PPP) re-opens this week for small businesses and nonprofits impacted by the pandemic. This new round of federal funding includes $284 billion in forgivable loans for new borrowers and certain existing PPP borrowers.

Businesses working with community financial institutions (CFI) can apply for First Draw PPP Loans starting Monday, January 11, and Second Draw PPP Loans on Wednesday, January 13. According to the Connecticut Small Business Administration (SBA), the following CFI are participating in the program as of today:

New Haven Bank

Location: 299 Whaley Ave, New Haven

Contact: Bill Hice

Phone: (203) 787-9513

Email: Whice@newhavenbank.com

Nutmeg State Financial Credit Union

Numerous locations throughout Connecticut

Phone: (860) 513-5000

Email: BusinessLending@NutmegStateFCU.org

Additional community financial institutions may be added to the program. The SBA will also begin accepting applications from other lenders soon.

For additional information on terms, eligibility and applications, check the U.S. SBA PPP website or contact local partners, including:

·        Connecticut Small Business Development Center (SBDC)

·        Women’s Business Development Council (WBDC)

·        Black Business Alliance (BBA)

·        Spanish American Merchants Association (SAMA)

·        HEDCO, Inc.

·        Univ. of Hartford Entrepreneurial Center & Women’s Business Center

·        Minority Construction Council (MCC)

Other services such as Lantern, a new resource from our partner SoFi that helps match small businesses with SBA-approved lenders, are also available. Lantern closely monitors a lender’s application processing capacity ensuring borrowers receive a timely response and equal access to capital.

The PPP has been a lifeline for thousands of Connecticut businesses. We want to do all we can to make sure our small businesses are first in line.


David Lehman, Commissioner

david.lehman@ct.gov, (860) 500-2310

Orange High School Seniors Apply For Scholarship Money Today

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Mar 022015

Scholarship-Graphic-for-Inside-Page-276x300Recently, Orange Live told you about scholarship opportunities available from the Orange Scholarship Fund Association.

Orange (High School) Seniors, there are only six weeks left to deadline!

Seniors at any of the local public and private high schools who are residents of Orange and plan to continue their education are eligible to apply, with scholarships being awarded on the basis of need, academic achievement, and community service.

If you live in Orange and plan to apply for a scholarship, time is getting short. Pick up your application to the Orange Scholarship Fund Association at Case Memorial Library, 176 Tyler City Road  and get started.

Completed applications are due April 15.  Complete means fully filled out, with all the references and documentation attached. 

Incomplete applications are not considered, so don’t delay any longer. 

Don’t miss out because you just didn’t get around to it.