S C Congresswoman Mace Tours May-RHI, Talks Infrastructure Plan : CEG constructionequipmentguide.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from constructionequipmentguide.com Daily Mail and Mail on Sunday newspapers.
The Dispatch
When the COVID-19 pandemic hit, some of those who were most affected were businesses, especially restaurants, retailers, and other independently-owned businesses.
The Paycheck Protection Program is a federal program that provided businesses with two rounds of low-interest loans to cover payroll expenses in an effort to keep employers from laying off their workers.
Here is a breakdown of how much money was given to businesses in Davidson County and how many jobs were saved.
How many loans were given, and how many jobs were retained?
Businesses in Davidson County received a total of 1,451 loans leading to a reported 15,107 jobs retained and between $114 and $215 million in funding through the Payroll Protection Program.
PPP loans are closing soon Here s how to secure funding before its gone thetimesnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetimesnews.com Daily Mail and Mail on Sunday newspapers.
Small business owners’ window of opportunity to secure Paycheck Protection Program (PPP) funding is closing quickly.
The program has nearly run out of money and applications are now limited to community financial institutions.
PPP loans were established at the height of the pandemic in 2020 and, as of May 17, $788 billion in forgivable loans had been granted to 11.1 million applicants.
In December, Congress renewed the program with a $292 billion allocation, expanded the list of eligible applicants, and allowed some businesses to return for a second round of funding. When the program was set to expire in March, lawmakers extended the deadline to May 31.
Wed December 23, 2020 - Southeast Edition #27
Eric Olson - CEG CONTRIBUTING EDITOR
Lawson Lamar (L), vice president of J. McKinnon Development, and Reece Brimmer, president of Peninsula Technologies (owned by J. McKinnon).
The task of building Florida s mammoth
Brightline Trains extension from West Palm Beach to Cocoa, then west to Orlando International Airport, is a Herculean one for any of the contractors on the project. The $2.7-billion enterprise encompasses 170 mi. of track that will ultimately connect Orlando with Miami.
The portion of the train line from Orlando International Airport east to the Space Coast has seen the most activity in Central Florida. Anyone traveling on the east-west SR 528/Beachline Expressway over the past year has no doubt noticed the land clearing and track installation that parallels the south side of the rural highway.