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By the start of July most of the world was more than three months into the COVID-19 pandemic, far surpassing the original hopes that we would have had it contained enough to return back to schools and workplaces. New architecture graduates were a couple of months into a job search at a time when... View full entry
A Fort Myers, Florida, contractor has been arrested and charged with attempting to defraud the Paycheck Protection Program (PPP) meant to help keep workers employed during the coronavirus. Casey David Crowther, 35, has been charged with making a false statement to a lending institution. If convicted, he faces a maximum penalty of 30 years in federal prison. — Construction Dive
Crowther received $2 million in funds from the PPP loan for his company, Target Roofing & Sheet Metal, and allegedly included misleading statements as to how the money would be used, stating that it would only be used for business purposes, Construction Dive reports. Shortly... View full entry
A recently published interface pulls together data on what architecture firms received approval for Paycheck Protection Program (PPP) funding from the United States Small Business Administration (SBA). The interface collects publicly available information published by SBA that has been sorted... View full entry
Industries getting the largest share of net PPP dollars were health and social assistance, professional, scientific and technical services, construction and manufacturing. — CNBC
CNBC breaks down newly published data from the federal government highlighting the distribution of Paycheck Protection Program loans extended to American businesses in the aftermath of the COVID-19 pandemic. Previously on Archinect:"Architecture Firm Owners Share Their PPP Woes" According to... View full entry
On Thursday afternoon, the United States House of Representatives passed the latest COVID-19-related emergency economic stimulus plan. The plan was approved by the United States Senate on Wednesday and is due to be quickly signed into law by President Donald Trump. The initiative will... View full entry
A fourth emergency economic aid package created in responses to the COVID-19 crisis has passed the United States Senate and is heading to the House of Representatives for a final vote. President Donald Trump has indicated that he will sign the bill once it reaches his desk. The $484 billion... View full entry
Although the federal government has embraced a significant economic and fiscal response to the economic crisis caused by the COVID-19 pandemic through the Coronavirus Aid, Relief, and Economic Security (CARES) Act, the roll-out of the small business relief support programs created to help keep... View full entry
