FAQ#: 209 published 4-23-2020
Effective Date: This rule is effective April 14, 2020.
h. Do independent contractors count as employees for purposes of PPP loan calculations?
No, independent contractors have the ability to apply for a PPP loan on their own so they do not count for purposes of a borrower's PPP loan calculation.
Reference Resource: SBA-2020-0015-0001
Comment Date: Comments must be received on or before May 15, 2020.
To submit your comment on this topic here: SBA-2020-0015-0001
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FAQ#: 456 published 4-19-2022 3 min. 35 seconds read
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FAQ#: 459 published 4-18-2022 2 min. 44 seconds read
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FAQ#: 458 published 3-5-2022 2 min. 31 seconds read
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FAQ#: 460 published 1-13-2022 2 min. 50 seconds read
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FAQ#: 235 published 4-23-2020 updated 1-4-2022 4 min. 48 seconds read
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