Since the Paycheck Protection Program launched last spring, it has disbursed $780 billion, including more than $12 billion to U.S. contractors. Now, as the second iteration of the program winds down, borrowers are wondering how to achieve forgiveness.
The important thing to note, according to presenters at a recent webinar sponsored by the law firm of Dorsey & Whitney, is that PPP forgiveness is not guaranteed.
While the overall economy continues to recover, the construction industry remains in a favorable position. The demand for new construction projects and skilled talent continues to go higher. Despite the level of growth, the biggest concern for many
construction executives continues to be bringing in the right people for the job.
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Cities That Are Dominating New Home Construction One significant consequence of the pandemic is that people are spending more time at home. This means that there is an increased demand for new home construction when people can afford it.READ MORE
How the Pandemic Is Impacting Restaurant Construction The pandemic has had many unexpected effects on a range of industries, including construction and food service. Within this industry, restaurant construction has started to shift to focus on drive-thrus instead of dine-in establishments. READ MORE
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