Construction Processes, Financial
February 23, 2021
Via: Construction DiveThe administration said the SBA will now calculate the loan amount for applicants without employees by using gross income instead of payroll. Businesses without employees were structurally excluded from the program or were approved for as little as $1 because […]
Construction Processes, Financial
September 11, 2020
Via: Construction DiveThe program’s implementation burden falls on employers. Those that decide to participate must let their employees know about the deferral and the added burden they’ll face to pay the money back next year. Guidance the IRS issued August 28 says […]
Construction Processes, Financial
July 16, 2020
Via: Construction DiveThousands of the country’s construction-related firms have benefited from federal Paycheck Protection Program loans to help them weather the economic downturn caused by the coronavirus crisis. Data released last week by the the federal government showed that it issued $521 […]
April 8, 2019
Via: Construction DiveAccording to the Colorado Fiscal Institute, more than 500,0000 workers in the state — many of them in the construction industry — lose $750 million a year because of wage theft. The institute’s analysis shows that the most common methods […]
March 28, 2024
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