{"id":5171,"date":"2021-11-15T20:43:50","date_gmt":"2021-11-15T20:43:50","guid":{"rendered":"https:\/\/www.wbcnet.org\/member_news\/use-ppp-windfalls-to-future-proof-your-business\/"},"modified":"2024-10-16T11:37:55","modified_gmt":"2024-10-16T15:37:55","slug":"use-ppp-windfalls-to-future-proof-your-business","status":"publish","type":"member_news","link":"https:\/\/www.wbcnet.org\/member_news\/use-ppp-windfalls-to-future-proof-your-business\/","title":{"rendered":"Use PPP Windfalls to Future-Proof Your Business"},"content":{"rendered":"<p><strong>How construction businesses can use PPP windfalls to future-proof with technology investments.<\/strong><\/p>\n<p>Between their Paycheck Protection Program (PPP) loans becoming fully eligible for forgiveness and being recognized as large, tax-free gains on their balance sheets, and the cash they accumulated as their work kept going while PPP funds were being used for payroll, many construction companies are now experiencing a windfall of sorts.<\/p>\n<p>This offers a rare opportunity to make long-term investments in an area where improvements may have profound impacts on the success of the business in years to come: technology solutions and capabilities.<\/p>\n<p><a href=\"https:\/\/www.cohnreznick.com\/insights\/construction-future-proof-with-technology-investments?utm_source=marketo&amp;utm_medium=email&amp;utm_campaign=ct_co_infrastructure_ppp_investments_20211110&amp;utm_content=insight&amp;mkt_tok=NTk2LUVPUS0wNzAAAAGAtH6_JNEGnZQpRV1OQB2ozovfTaqd1yhFObRsHRvQTOuvI9R31JcUcZEYbtC-pPAgg6aLU5f7X8gb1XSd2Zc1qbFCPutAm078kww6SNbT7_M7\"><strong>Read about six areas to consider making investments in now<\/strong><\/a>.<\/p>\n<p style=\"text-align: center\">\t# # #<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How construction businesses can use PPP windfalls to future-proof with technology investments. Between their Paycheck Protection Program (PPP) loans becoming [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4712,"template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-5171","member_news","type-member_news","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Use PPP Windfalls to Future-Proof Your Business - Washington Building Congress<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wbcnet.org\/member_news\/use-ppp-windfalls-to-future-proof-your-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Use PPP Windfalls to Future-Proof Your Business - Washington Building Congress\" \/>\n<meta property=\"og:description\" content=\"How construction businesses can use PPP windfalls to future-proof with technology investments. 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