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Home » Passage Of Paycheck Protection Program Improvements Will Save Many Construction Jobs And Protect Construction Employers
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Passage Of Paycheck Protection Program Improvements Will Save Many Construction Jobs And Protect Construction Employers

With Needed Improvements to the Vital Survival Program Complete, Construction Official Urges Congress and the President to Act Quickly on Measures to Rebuild the Economy and Restore Jobs
June 5, 2020Updated:November 29, 2023No Comments1 Min Read
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“This new law improves upon the original Paycheck Protection Program by extending the coverage period to 24 weeks, revising the ratio of percentage of expenses allowed to be forgiven up to 60 percent payroll costs and 40 percent non-payroll, extending the maturity period for the loans from two years to...

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Latest News

Construction Spending Decreases By 0.3 Percent From April To May And 3.5 Percent Over 12 Months, Marking Largest Yearly Drop Since 2019

July 1, 2025

Only Half Of Metro Areas Add Construction Jobs From May 2024 To May 2025, As Owners Pause Or Cancel Work Amid Tariff And Policy Uncertainty

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