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The $301,164,069 given to Connecticut restaurants was 24th highest of any state in the country. (Shutterstock)
FAIRFIELD, CT —Restaurants in Fairfield were among the more than 1,300 in Connecticut that received nearly $1 billion from the Small Business Administration's Restaurant Revitalization Fund, which was passed by Congress last year as part of a sweeping coronavirus relief package.
The $301,164,069 given to Connecticut restaurants was 24th highest of any state in the country. And the average award of $231,000 to businesses in Connecticut was the 28th highest in the country. But the 1,303 Connecticut businesses that received funding under the program were just a little over 36 percent of the 3,369 that applied to the program, which SBA was set to shut down Wednesday.