The Department of Economic and Community Development (DECD) Commissioner Lehman and Governor Lamont launched an emergency relief funding for nonprofits and small businesses impacted by the coronavirus called the Connecticut Recovery Bridge Loan Program. The program will provide short-term loans to businesses and nonprofits with fewer than 100 employees at a 0% interest for up to 12 months. Under this $25 million program, they can borrow up to $75,000.
