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Date/Time | Title | Description |
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March 10, 2021 | Uncertainty as PPP Gets Cash Injections Despite Looming Expiration Date | The Payment Protection Program is still set to expire March 31st despite a new cash injection and more than $100 billion in still available funds. Representative Blaine Luetkemeyer (R-MO) s ...Read more |
March 2, 2021 | SBA Sets Up 14-Day Exclusive Loan Period for Small Biz, Changes to PPP | The Small Business Administration (SBA) announced on Sunday that it would hold “a 14-day, exclusive PPP loan application period for businesses and nonprofits with fewer than 20 employee,” endin ...Read more |
February 25, 2021 | USDOT Loans More Than $900 Million for Dallas Regional Rail Project | The Department of Transportation announced on Thursday a $908 million loan to Dallas Area Rapid Transit (DART) for the Silver Line Regional Rail Project. The money comes out of the DOT’s Railroad ...Read more |
February 5, 2021 | Black Businesses Deserve Another Stimulus this Black History Month | Small business survivability rates are low across the board, but black-owned businesses are uniquely vulnerable to closure. A whopping 80 percent of minority businesses shut down within t ...Read more |
February 3, 2021 | Florida Governor’s Budget Proposal Seeks More Than $10 Billion for DOT | “Our state has been tested many times before and has always passed with flying colors. Although our fight against COVID-19 has altered our economic landscape, Florida is on the road to recovery a ...Read more |
February 1, 2021 | Commercial Construction Will Take a Hit in 2021 | While single-family residential home construction is expected to rise modestly in 2021, other major construction sectors in the commercial sphere like retail, hotels, sports centers and restaurants ...Read more |
December 28, 2020 | New Stimulus: A Shot in the Arm for Public Works Contractors | Meanwhile, the omnibus, which funds the government through September, is giving more money this year than last to the Department of Transportation, Federal Railroad Administration, and the Federal ...Read more |
December 24, 2020 | Minority Businesses Stand to Benefit From New PPP Rules, Pilot Program | In addition to earmarks meant to help minority businesses secure forgivable loans, new legislation passed by Congress creates a pilot program to help foster small businesses owners around historica ...Read more |
December 21, 2020 | What Your Small Business Needs to Know About the New Stimulus Package | Congress is poised to pass a 5,593-page economic stimulus bill. As Contractor News continues to examine the massive document, we wanted to present some highlights from the bill pertaining to small ...Read more |
December 18, 2020 | One in Six US Restaurants Have Closed Down — Moms-and-Pops Suffer Much Worse than Chains | The US restaurant industry is undergoing an earthquake. Rather than small restaurants surviving through a hibernation (or a partial hibernation) during corona — backed by unprecedented amounts of ...Read more |