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Jun 2, 2022 · 21 min read. Update March 30, 2021: The President has signed the PPP Extension Act. It gives business owners until May 31, 2021 to apply for PPP loans. One of the more confusing aspects of the Paycheck Protection Program (PPP) is how to apply for a PPP loan if you are self-employed, including if you are a 1099 contractor or gig worker.
If you wish to begin preparing your application, download the following PPP borrower application form to see the information that will be requested from you when you apply with a lender: PPP First Draw Borrower Application Form; First Draw Borrower Application Form for Schedule C Filers Using Gross Income . Supplemental materials. FAQ for PPP ...
Apr 22, 2021 · Apr 22, 2021 • 10+ min read. UPDATE: The PPP loan application period ended May 31, 2021. Apply for the Employee Retention Credit today through Lendio. Over the past year, the SBA has rolled out a series of updates and adjustments to better serve the self-employed who need/want a Paycheck Protection Program (PPP) loan.
Apr 27, 2024 · The Small Business Administration (SBA) closed the Paycheck Protection program (PPP) to new applications on May 31, 2021. If you had previously received a PPP and are interested in applying for forgiveness, you can do so online at the SBA PPP Direct Forgiveness Portal . What are Paycheck Protection Program (PPP) Loans?
Small businesses and eligible nonprofit organizations, Veterans organizations, and Tribal businesses described in the Small Business Act, as well as individuals who are self-employed or are independent contractors, are eligible if they also meet program size standards. Top-line Overview of First Draw PPP (1/8/2021)
May 27, 2021 · Congress extended the PPP deadline on March 25, giving small-business owners until May 31 to apply for a first- or second-draw loan through the Paycheck Protection Program. But the Small...
Mar 13, 2024 · Content. Where to apply for loan forgiveness. Effective March 13, 2024, all borrowers, regardless of loan size, can use SBA's direct forgiveness portal . Applying for forgiveness using the portal can take as little as 15 minutes.
