Conn. expanding small business jobs program

Published June 13, 2012 10:17pm ET



HARTFORD, Conn. (AP) — Connecticut is expanding a $100 million small business jobs program as economic development officials say more than 700 companies are seeking assistance to hold on to jobs and hire more workers.

In its special session on Tuesday, the General Assembly lengthened business loans to 10 years from five, increased maximum loans to $300,000 from $250,000, included larger companies and made other changes.

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