PPP New Forgiveness Applications

The U.S. Small Business Administration, in consultation with the Department of the Treasury, posted a revised, borrower-friendly Paycheck Protection Program (PPP) loan forgiveness application implementing the PPP Flexibility Act of 2020, signed into law by President...

Construction Employment Sees Record Rebound in May, Says ABC

The construction industry added 464,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. May represented the largest monthly increase in construction jobs since the...

BWC Extends Premium Due Date Until Sept. 1

Ohio Governor Mike DeWine recently announced the Ohio Bureau of Workers’ Compensation (BWC) is deferring the due date for employers to pay their June, July, and August premium installments until Sept.1. Governor DeWine said the deferral is designed to help...

SBA and Treasury Joint Statement on PPP Flexibility Act

Following last week’s passage in the Senate and being signed into law by the president, SBA Administrator Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin issued a statement on the Paycheck Protection Program Flexibility Act, while also announcing that...

2020 Mid-Year Construction Economic Forecast

June 10, 2020 2:00 pm – 3:30 pm EDT The COVID-19 pandemic has brought unfamiliar territory to the construction industry and continues to wreak havoc on business as usual. To help construction executives grasp the economic fallout and predict how the rest of the...