Last year, self-employed individuals who conducted their business without any employees could qualify for a Paycheck Protection Program (PPP) loan in an amount equal to approximately 20.8% (2.5 months divided by 12 months) of...more
3/25/2021
/ Borrowers ,
Consolidated Appropriations Act (CAA) ,
Default ,
Independent Contractors ,
Interim Final Rules (IFR) ,
IRS ,
ITIN ,
NAICS ,
Net Profits ,
Paycheck Protection Program (PPP) ,
Payroll Taxes ,
Safe Harbors ,
SBA ,
Self Employed ,
U.S. Treasury
The Small Business Administration (“SBA”) is accepting comments until November 26, 2020 (Thanksgiving) on two proposed loan necessity questionnaires for Paycheck Protection Program (“PPP”) loans in excess of $2 million: SBA...more
11/16/2020
/ Assessment ,
Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Debt Securities ,
For-Profit Corporations ,
Liquidity ,
Loan Applications ,
Nonprofits ,
Paycheck Protection Program (PPP) ,
Questionnaires ,
Safe Harbors ,
SBA ,
Supplemental Information