PPP Loans Heavily Used By Industry.

The article discusses that according to federal documents, more than 100,000 construction and design firms from all parts of the U.S. appear on lists of companies that have received federal Paycheck Protection Program forgivable loans. It mentions the construction industry has ranked among the most prolific in its use of PPP funds. It also mentions the program, established under the Coronavirus Aid, Relief and Economic Security Act (CARES), is intended to help small businesses and nonprofits.