SBA Announces PPP Process Changes

Denise Gillin Uncategorized

By Jeff Drew for Journal of Accountancy The U.S. Small Business Administration (SBA)¬†announced changes¬†Wednesday designed to reduce delays in the Paycheck Protection Program (PPP) approval process. Millions of small businesses have applied for PPP forgivable loans since it reopened Jan. 11 with $284 billion in fresh funding. A significant percentage of those applications has been held up by process and …

Surety Corner: Navigating Succession With Your Bond Company

Denise Gillin Uncategorized

By Jamie Collum and Andrew Cartwright for Daily Commercial News Succession is one of the most significant challenges facing construction businesses today. Successful contractors spend years building up their companies through their own blood, sweat and tears. When it comes time to step back, they want to know that the impressive legacy and reputation they have built will be perpetuated …

Seven Construction Industry Firms That Not Only Survived, But Thrived, In 2020

Denise Gillin Uncategorized

By Kim Slowey for ConstructionDive By getting rid of wasteful practices, hiring new talent and meeting client needs, these firms came out ahead after a very difficult year. The U.S. business community overall has suffered a great deal during the coronavirus pandemic. Restaurants and retail establishments have shut down due to customers staying home during lockdowns or because of tight …

Construction Spending to Decline in 2021: AIA

Denise Gillin Uncategorized

By Gail Kalinoski for Commercial Property Executive Nonresidential construction is expected to decline by 5.7 percent this year, according to a consensus forecast from the American Institute of Architects. Sectors like hotels, office and amusement and recreation are being hit the hardest as the U.S. tries to slowly recover from the COVID-19 pandemic. Health care and public safety are the …