209. h. Do independent contractors count as employees for purposes of PPP loan calculations? PPP III. Temporary New Business Loan Program: Paycheck Protection Program

PPP III. Temporary New Business Loan Program: Paycheck Protection Program

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

SBA Form 3502

Temporary Halt in Residential Evictions to Prevent the Further Spread of COVID-19 An unpublished Notice by the Centers for Disease Control and Prevention on 09/04/2020

Reconsideration of Declined Loan Applications SBA Economic Injury Disaster Loan (EIDL)

I made a mistake listing my revenue when I applied for the SBA EIDL, I would like reconsideration for the loan.

I applied and was accepted for an SBA loan but opted to take a lower amount once my loan was offered. How do I request the full amount of the first SBA loan that was offered?

8.2 LOAN DECREASE AND CANCELLATION

123.303 How can my business spend my economic injury disaster loan?

Disaster Unemployment Assistance is not managed by Tier 2 SBA agents.

IRS Stimulus check status. Check on the status of your Economic Impact Payment.

Paycheck Protection Program (PPP) Rule Changes and Public Comment links