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Construction’s Paycheck Protection Loan Volume Climbs 42% Since April

June 22, 2020

Via: ENR

Construction’s volume of federal Paycheck Protection Program loans has jumped 42% since mid-April, updated Small Business Administration data show, but construction’s ranking slipped to third among industries, from first place after PPP’s first round of funding.

The latest SBA ranking, which includes data through June 12, shows that construction has received a net $63.6 billion in PPP loans since the program was launched on April 3.

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