Construction businesses top cohort of borrowers under Paycheck Protection Program
from Building Design + Construction
Earlier this week the Small Business Administration and U.S. Treasury Department released a list of recipients from the government's Paycheck Protection Program (PPP), which so far has allocated $521 billion of the $670 billion approved by Congress under the CARES Act to nearly 659,000 borrowers. The Trump Administration claims that this program has supported 51 million jobs, roughly 84% of whom work for small businesses.
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063