20 8月 Over a dozen,000 Connecticut PPP financing have been flagged to possess inquiries
During the new research out of Paycheck Coverage Program financing, scientists guess you to definitely anywhere between 10% and you can fifteen % off funds approved in Connecticut went along to consumers who's become double dipping or otherwise taking excess amount in the relief system - sometimes accidentally, no credit check installment loans in Carolina but anyone else having deceptive tries.
Congress integrated PPP among numerous recovery bundles regarding the Coronavirus Aid, Recovery and you may Financial Security Operate in an effort to remain some body regarding jobless professionals, that have finance to be forgiven for companies that didn't put from team in the COVID-19 pandemic.
The new portion of condition funds started having Connecticut users was indeed below most other says, scientists in the College or university out of Tx at Austin calculated.