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Neighbors, 

We don't know what tomorrow or next month will bring and the uncertainty is difficult for businesses, the economy and each and every one of us. I have spent the last few weeks corresponding with local business leaders who had to close or alter their operations and with residents who lost their jobs.

Please know that I am doing what I can and am in regular communication with the Connecticut Department of Public Health, Department of Economic and Community Development, the Governor's Office, and Legislative Leadership to get answers to your questions and to give them feedback on what is going on and the challenges here in Northeastern Connecticut.

If I can be of assistance in any way possible, please reach out and contact me at (860)240-8370 or email me at Pat.Boyd@cga.ct.gov. Please stay safe and look out for each other! 

Sincerely,

Pat Boyd


Resources for Workers


Resources for Employers

The Connecticut Recovery Bridge Loan Program was launched recently and will make $25 million available to Connecticut businesses and nonprofits with 100 or fewer employees to assist with cash flow.

Small businesses and nonprofits can now apply for one-year, no-interest loans of up to $75,000 or 3 months of operating expenses under the program administered by the state's Department of Economic and Community Development (DECD).

Loan amounts are up to the lesser of either three months operating expenses and/or $75,000.

Provisions and eligibility requirements include:

  • Zero percent interest rate;
  • 12-month term with 6-month extension per request;
  • Personal guaranty and credit score required;
  • Approval contingent upon business being profitable prior to March 10, 2020 and no adverse personal credit reports 60 days past due for the last 6 months.
Apply Today!
The state Department of Revenue Services has extended the deadline for the below businesses tax returns: 
  • 2019 Form CT-1065/CT-1120 SI Connecticut Pass-Though Entity Tax Return: Filing date extended to April 15, 2020; payment deadline extended to June 15, 2020 
  • 2019 Form CT-990T Connecticut Unrelated Business Income Tax Return: Filing date extended to June 15, 2020; payment deadline extended to June 15, 2020 
The Connecticut DRS also advised that due dates for filing and payment of state income taxes could be adjusted to align with any specific, actionable announcement from the Internal Revenue Service (IRS) regarding due dates for the filing and payment of federal income taxes. Call DRS at 860-297-5962 if you have questions, or email the department.
Additional Resources for Employers and Nonprofits:
  • The state Department of Economic and Community Development issued guidance on which businesses are considered essential. Click here to read it. Businesses that were not designated as essential can request an essential business designation, here.
  • Connecticut Insurance Commissioner has called on all insurers in the state to implement a 60-day grace period for customers to pay their insurance premiums. Read the notice here.
  • CDC Guidance for Businesses and Employers Impacted by Coronavirus
  • SBA Guidance for Businesses and Employers Impacted by Coronavirus
  • SBA Low-Interest Loans to Help Small Businesses Affected by Disasters
  • The DECD resource page for businesses impacted by coronavirus. (DECD has also deferred loan payments for all Small Business Express loans for three months). 
  • DECD COVID-19 Business Emergency Response Line: 860-500-2333 
  • CT's Small Business Development Center (SBDC) resources for small businesses impacted by coronavirus. 
  • CT's Women's Business Development Council (WBDC) virtual classes and counseling for small businesses impacted by COVID-19. 
  • SCORE webinars and free mentoring for small businesses impacted by coronavirus.  
  • DECD and AdvanceCT survey to get feedback from CT businesses on the impact of the coronavirus. The results will help the state better respond to businesses struggling during this difficult time.  
  • Issues regarding supply chains, delivery of goods, or business continuity: The Connecticut Department of Consumer Protection is encouraging businesses in the state that are experiencing issues regarding supply chains, delivery of goods, or business continuity to contact the FEMA National Business Emergency Operations Center by emailing NBEOC@fema.dhs.gov. This is a 24/7 operation and they can assist in directing the inquiry to the proper contact.
  • Reimbursement of medical leave costs for small and medium-sized businesses: The Connecticut Department of Insurance reminds small and medium-sized employers of recent guidance from the Internal Revenue Service (IRS) on COVID-19 - related medical leave. 
  • Business Interruption Insurance: A business interruption insurance policy should list or describe the types of events it covers. Events that are not described in the policy are typically not covered. It is important to review the policy exclusions, coverage limits, and applicable deductibles with your agent, broker or insurer. The Connecticut Insurance Department has an FAQ that provides more information.
  • Shared Work – The state Department of Labor’s Shared Work program is an alternative to layoffs. The program allows employers to reduce employees’ work schedules by 10 percent to 60 percent during business slowdowns such as the COVID-19 crisis while supplementing workers with unemployment benefits for the reduction in work. 
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