Federal funding available for Connecticut businesses affected by historic flooding

SOUTHBURY, CT (WFSB) – Federal funding was made available for Connecticut businesses that were impacted by the devastating flooding in August, providing relief as businesses continue to recover.

Many small businesses in the region immediately called for assistance in the aftermath.

The Small Business Administration (SBA) initially offered funding through its disaster loan program, but the initial funds were depleted by October.

While the SBA continued accepting applications, it wasn’t until the recent passage of the American Relief Act that Congress approved additional funding to support these businesses in need.

For businesses that suffered physical damage from the flooding, the deadline to apply for assistance is fast approaching.

Applications must be submitted online before next Sunday. Businesses that experienced economic losses due to the flood have until June to apply.

To apply, businesses can visit lending.sba.gov.

As the recovery effort continues, businesses in flood-affected areas are urged to take advantage of the available resources before the deadlines.

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