COVID-19 AND THE CONSTRUCTION INDUSTRY

Here's How You Can Protect Your Business
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CARES Act Modifications by the Paycheck Protection Program Flexibility Act

As part of the U.S. Government’s response to the economic consequences arising from COVID-19 pandemic, the Paycheck Protection Program (PPP) loan was created under the Coronavirus Aid, Relief and Economic Security Act (CARES Act). Restrictions imposed by the Small Business Administration (SBA) provided inflexibility which has caused many small businesses to question the desirability of the loan.