CARES Act Authorizes Two SBA Loan Programs


On March 25, 2020, the Senate passed the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act unanimously (96-0). The House passed the CARES Act on Friday, March 27, 2020 by a vote of 419-6 and the legislation was immediately signed into law by President Trump. The CARES Act is the third economic stimulus package passed by Congress in response to the outbreak of coronavirus (COVID-19) and its size and scope makes it the largest stimulus package in U.S. History. Among its many highlights, the CARES Act authorizes the Small Business Administration (SBA) to offer a new Paycheck Protection Loan Program while also extending eligibility requirements to the Emergency Injury Disaster Loan Program.

Please click here to see if your business is eligible to apply for these loan programs.



Advocacy

ASA is the united voice dedicated to improving the business environment in the construction industry, representing subcontractors before all branches (executive, legislative, judicial) and levels (federal, state, local) of government, to organizations representing other parts of the construction industry, to the news media, and others.


Networking

Being active in ASA is a great way to meet and get to know others in the construction industry. Through ASA networking opportunities, you can learn about the issues that most impact your business, exchange factual information about prospective customers before submitting a bid, cultivate business relationships, and make lifelong friends! Through volunteer service on an ASA task force or committee, you can develop leadership skills and play an important role in changing the construction industry for the better.


Education

ASA offers subcontractor-tailored events and education including Members-only educational resources ranging from model contract language to risk management and marketing tools. We also offer in-person and online educational events open to members and nonmembers for a fee.


Resources

ASA members have exclusive access to resources—articles, podcasts, model contract language, industry reports, and more—designed to help them bid and negotiate contracts, and manage projects. Log in with your username and password.

Reasons to Join ASA of Delaware

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