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LISTEN: Paycheck Protection Confusion Addressed By Paperwork Change

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The federal Paycheck Protection Program distributed funds to thousands of Connecticut companies earlier this year as a way to help keep them solvent during pandemic shutdowns. The deal was: Keep your employees on the books and what was initially a loan will be converted to a grant. Sounded like a simple idea. The catch was, the paperwork to obtain that loan forgiveness was anything but simple. 

However, a change just released by the Small Business Administration could help out. Connecticut Public Radio’s All Things Considered host John Henry Smith spoke with Nancy Hancock, an attorney with Pullman & Comley, about the impact of this paper shuffle.

John Henry Smith is Connecticut Public’s host of All Things Considered, its flagship afternoon news program. He's proud to be a part of the team that won a regional Emmy Award for The Vote: A Connecticut Conversation. In his 21st year as a professional broadcaster, he’s covered both news and sports.

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SOMOS CONNECTICUT is an initiative from Connecticut Public, the state’s local NPR and PBS station, to elevate Latino stories and expand programming that uplifts and informs our Latino communities. Visit CTPublic.org/latino for more stories and resources. For updates, sign up for the SOMOS CONNECTICUT newsletter at ctpublic.org/newsletters.

SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

Federal funding is gone.

Congress has eliminated all funding for public media.

That means $2.1 million per year that Connecticut Public relied on to deliver you news, information, and entertainment programs you enjoyed is gone.

The future of public media is in your hands.

All donations are appreciated, but we ask in this moment you consider starting a monthly gift as a Sustainer to help replace what’s been lost.

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Connecticut Public’s journalism is made possible, in part by funding from Jeffrey Hoffman and Robert Jaeger.