Small Business Administration

The Full Story: Check On Local Businesses

May 14, 2021
Tim Mossholder / Unsplash

Vaccination rates are climbing in Connecticut and New York. COVID-19 restrictions are easing up. And summer is approaching. These are good signs for many local business owners. They anticipate the summer of 2021 will be dramatically better than last year. This week on The Full Story we check on local businesses in our region to find out how they’re recovering from the COVID economy and if the pandemic may have transformed how they do business in the future. 

A conversation with guests:

U.S. Small Business Administration

Banks and credit unions say they are having trouble submitting loan applications to the federal government for the second round of the Paycheck Protection Program. Small businesses in Connecticut and New York were largely excluded from the first round of the $350 billion loan and grant program. 

Alex Brandon / AP

Linda McMahon, the former wrestling executive and President Trump’s nominee to head the Small Business Administration, received a warm reception during her U.S. Senate confirmation hearing on Tuesday.