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Nonprofits with PPP Loans Blindsided in Connecticut

Monday, August 3, 2020   (0 Comments)
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From Nonprofit Quarterly

For some obscure reason, even as the infection and death rates are on the upswing across the United States, bringing with them a dim view of the immediate economic prospects for the many, Connecticut Governor Ned Lamont (D) has decided that if your nonprofit has received a PPP loan, then it should not be eligible for any other COVID-19 relief funds. And, oddly, this is the second time in less than a year that Lamont has inexplicably decided that making life difficult for the state’s nonprofits is a good idea.

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