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Home ยป New Small Business Administration Loan Guidance Appears To Exclude Many Construction Firms That Employ Fewer Than 500 People
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New Small Business Administration Loan Guidance Appears To Exclude Many Construction Firms That Employ Fewer Than 500 People

Construction Officials Urge Agency to Make Clear that Firms that Employ 500 or Fewer People to Qualify for Paycheck Protection Program Loans, Regardless of Revenue
April 6, 2020Updated:November 21, 2023No Comments1 Min Read
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The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, called on the Small Business Administration (SBA) to revise its eligibility guidelines for its new Paycheck Protection Program to make clear that any firm that employs 500 or fewer people to qualify, regardless of the average annual receipts...

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