Additional $310 Billion In Funding For Paycheck Protection Program Loans – AGC-GM

Additional $310 Billion In Funding For Paycheck Protection Program Loans

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Construction Officials Urge Congress to Quickly Pass New Coronavirus Relief Measure and Start Work on Broader Recovery Measures, Including New Infrastructure Funding and Pension Relief

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement in reaction to proposed legislation that will provide an additional $310 billion in funding for Paycheck Protection Program loans to help small businesses retain jobs:

“The new loan funding will help thousands of construction firms to retain essential construction jobs amid rapidly declining demand for construction services. As one of the relatively few sectors of the…Read full article here.