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AGC seeks clarity on eligibility standard for PPP
4/7/2020

AGC wants the Small Business Administration to revise or replace eligibility guidance for the Paycheck Protection Program to clarify that firms with 500 or fewer employees qualify, regardless of revenue. The SBA's secondary qualification is "needlessly delaying the loan applications of thousands of construction firms that clearly would meet the statutory threshold," AGC CEO Stephen Sandherr says.

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