Latest Breaking News On - For self employed - Page 12 : comparemela.com

March 31, 2021. On December 27, 2020, a $900 billion COVID-19 aid package was signed into law as part of the larger omnibus bill funding the federal government. This bill includes $284 billion in new funding for the Paycheck Protection Program (PPP), the federal loan program established to support businesses impacted by this lengthy pandemic. The SBA has just announced that certain lenders began accepting new PPP loan applications on January 11, 2021. Can Contractors & Self-Employed Apply For PPP Loans? The Paycheck Protection Program’s premise is simple: The SBA is backing loans to borrowers that need payroll assistance due to the economic hardships from the coronavirus. Previously, only S/C-corporations, tribal businesses, and businesses with up to 500 employees could apply for loans when the program first launched last April. Now, sole proprietors, independent contractors, and self-employed individuals can apply as well. The terms for the loans are as follows:

New yorkUnited statesJohn mallanoBeth goldbergCongressmember espaillatSmall business administration new york district officePaycheck protection programPaycheck protection flexibility actFor self employedNeed to apply forTax identification numberAssembly member carmen de la rosaபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்பெத் கோல்ட்பர்க்சம்பள காசோலை ப்ரொடெக்ஶந் ப்ரோக்ர்யாம்