PPP Self-Employed Application Changes & NASE Supports SBA Event to Inform Self-Employed Business Owners On March 3, 2021, the Small Business Administration announced changes to the Paycheck Protection Program (PPP) for self-employed individuals. The changes include:
Find a lender here. Frequently Asked Questions: PPP-FAQs-3.12.21.pdf (sba.gov) How to Calculate First Draw Loans: How to Calculate First Draw PPP Loan Amounts (sba.gov) How to Calculate Second Draw Loans: HowtoCalculateSecondDrawFAQs-3.12.21.pdf (sba.gov) On Saturday, March 6, 2021, NASE CEO & President Keith Hall joined the Small Business Administration for a webinar on the recently announced (see above) changes to the PPP program specific to self-employed individuals. You can view the webinar and the informative Q&A here.
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Courtesy of NASE.org https://www.nase.org/about-us/media-relations/nase-in-the-news/2021/03/26/ppp-self-employed-application-changes