Federal Contracting Design Firms Tell Congress of Financial Harm From Credits for PPP Loans Bruce Buckley March 23, 2021 2 Comments Rep. Kweisi Mfume relays how some U.S. agencies treat PPP loans as credits under the Federal Acquisition Regulation.Read More
Pandemic Finance Biden Seeks To Make More Paycheck Protection Program Loans to Small and Minority Businesses Bruce Buckley February 24, 2021 No Comments The emphasis in coming weeks will be applications for businesses with fewer than 20 employees.Read More
Pandemic Finance How the Paycheck Protection Program Loans Differ in Round 2 Bruce Buckley January 5, 2021 No Comments Borrowers need to note changes in terms and documentation.Read More
Coronavirus and Construction Update: SBA Issues New PPP Guidance After AGC Sues Contractor group also challenged OMB on legality of loan-forgiveness eligibility questionnaire Tom Ichniowski December 9, 2020 One Comment Contractor group challenges legality of loan-forgiveness eligibility questionnaire and process for developing it.Read More
Roofer Charged With PPP Fraud Says Boat Buy With Loan Is Legal Richard Korman Scott Van Voorhis October 14, 2020 No Comments But experts contend that terms of the Paycheck Protection Program are clear about the intended purpose of the fundsRead More
Pandemic Ethics What Fraud Charges Reveal About Rescue Loans and a Fast-Growing Florida Roofer Richard Korman Scott Van Voorhis October 8, 2020 No Comments How did the owner of Target Roofing & Sheet Metal allegedly use Paycheck Protection Program funds to buy a pleasure boat?Read More
Feds: More PPP Loan Fraud Charges Are Coming Scott Van Voorhis September 17, 2020 No Comments The U.S. charged five small contractors with fraud related to COVID-19 small business rescue program— and more are likely as probers dig deeper into company financial records.Read More
Coronavirus and Construction First Look at Long List of AEC Firms Receiving PPP Loans Tom Ichniowski Scott Blair July 7, 2020 2 Comments Paycheck Protection Program loans are viewed as one factor driving construction's strong employment gain in June.Read More
Coronavirus and Construction Senate, House Approve Extension for Paycheck Protection Program Loans Tom Ichniowski July 1, 2020 No Comments Measure, which would allow loan applications through Aug. 8, awaits Trump's signature.Read More
Coronavirus and Construction Construction's Paycheck Protection Loan Volume Climbs 42% Since April Tom Ichniowski June 22, 2020 No Comments Despite rise in volume, construction's ranking dips to third among industries, from first in mid-April.Read More