CT investing $75M in low-interest loan program for small bus

CT investing $75M in low-interest loan program for small businesses, nonprofits

Gov. Ned Lamont on Monday announced details of a new program that will provide low-interest loans to small businesses and nonprofits in Connecticut, particularly in low-income and historically underserved communities.

The public-private partnership, Small Business Boost Fund, will begin accepting applications for loans ranging from $5,000 to $500,000.

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