Tag Archives: Paycheck Protection Program

AGC of America Takes Victory Lap Over Actions on Loan Necessity Questionnaire

Officials for the Associated General Contractors of America (AGC) claimed responsibility recently for actions taken by the U.S. Small Business Administration (SBA), suggesting that a lawsuit filed against SBA “quickly yielded results.” The association filed a legal complaint in December … Continue reading

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AGC Sues Over Loan Necessity Questionnaire

The Associated General Contractors of America (AGC) submitted a legal complaint this week against the U.S. Small Business Administration (SBA) and the U.S. Office of Management and Budget (OMB). Filed with the United States District Court for the District of … Continue reading

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Paycheck Protection Program Loan Forgiveness Application Now Available

The Small Business Administration (SBA) and the Treasury Department recently released the Paycheck Protection Program (PPP) Loan forgiveness application along with application instructions. The form and instructions advise borrowers on how to apply for forgiveness of their PPP loans, consistent … Continue reading

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Senate Approves More Funding for PPP, First Wave of Loans Distributed

On Tuesday the U.S. Senate approved legislation that will provide an additional $310 billion in funding for the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief and Economic Security Act. CNN reports that the U.S. House of Representatives could … Continue reading

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SBA Clarifies Rules for Construction in PPP

On Tuesday, Treasury Secretary Steven Mnuchin asked Congress to add $250 billion more to the $349 billion already approved for the Paycheck Protection Program (PPP) in the Coronavirus Aid, Relief and Economic Security (CARES) Act due to high demand from … Continue reading

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