PPP Loan Data: Hartford, CT
Paycheck Protection Program statistics for the Hartford metro area. 24,323 loans disbursed, 1,411 unforgiven and potentially subject to enforcement.
Medium Enforcement Risk22.3% of CT total
Avg: $124,449 per loan
$160M outstanding
94.2% forgiveness rate
PPP Program Overview: Hartford, CT
Between April 2020 and May 2021, the U.S. Small Business Administration disbursed approximately 24,323 Paycheck Protection Program loans in the Hartford metropolitan area, totaling $3.0B. These loans supported approximately 227K jobs in the local economy during the COVID-19 pandemic.
Of these loans, 22,912 (94.2%) were fully forgiven. However, 1,411 loans totaling $160M remain unforgiven and are potentially subject to SBA collection, Treasury offset, or DOJ enforcement action.
Hartford is part of Connecticut, which has a Medium enforcement risk classification. The DOJ PPP Strike Force operates nationally, with particular focus on major metropolitan areas where loan volumes and dollar amounts are highest.
Enforcement Risk in Hartford
Hartford has moderate PPP enforcement activity. While not among the highest-priority metros, the DOJ and SBA OIG maintain active investigations in this area. Borrowers with loans over $150,000 or those with discrepancies in their applications should be particularly vigilant.
The False Claims Act statute of limitations extends through 2030-2031 for PPP loans. This means new enforcement actions can still be initiated against Hartford borrowers for several more years.
Hartford vs. Connecticut Average
Frequently Asked Questions: PPP in Hartford
How many PPP loans were issued in Hartford, CT?
Hartford, Connecticut received approximately 24,323 PPP loans totaling $3.0B between April 2020 and May 2021. The average loan size was $124,449, supporting approximately 227K jobs in the Hartford metro area.
How many PPP loans in Hartford were not forgiven?
Approximately 1,411 PPP loans in the Hartford metro area (5.8% of total) were not forgiven, representing $160M in outstanding obligations. These borrowers may face Treasury collection actions or SBA enforcement.
What is the PPP enforcement risk in Hartford?
Hartford is in a "Medium" enforcement risk area. The DOJ PPP Strike Force and SBA OIG maintain active investigations in major metro areas. Borrowers in Hartford with unforgiven loans or application discrepancies should be aware of ongoing enforcement activity through 2030-2031.
Can I still face a PPP audit in Hartford in 2026?
Yes. The 2022 PPP and Bank Fraud Enforcement Harmonization Act extended the statute of limitations for PPP fraud to 10 years. Since PPP loans were issued in 2020-2021, enforcement actions can continue through 2030-2031. Hartford borrowers remain at risk regardless of whether their loan was forgiven.
Are You at Risk?
1,411 Hartford area borrowers have unforgiven PPP loans. Find out your specific risk level in under 3 minutes.
Other Cities in Connecticut
View all Connecticut data →Data Sources: U.S. Small Business Administration PPP Data Reports, PandemicOversight.gov, U.S. Treasury Department. Metro-area estimates derived from state-level data with population-weighted distribution. Last updated May 2026.