An SBA loan that helps businesses keep their workforce employed during the Coronavirus (COVID-19) and government officials are working together to maintain the safety, security, and health of the American people. Small businesses are encouraged to do their part to keep their employees, customers, and themselves Office of Disaster Assistance | 1-800-659-2955 | 409 3rd St, SW. Washington, DC 204166/15/2020 · Under the CARES Act passed on March 27, 2020, independent contractors, gig workers, and freelancers affected by the coronavirus crisis are eligible to receive the grant. The SBA …The SBA will cover all loan payments on these SBA loans, including principal, interest, and fees, for six months. Learn more about the SBA Debt Relief program. SBA Express Bridge Loans. These loans allow small businesses who currently have a business relationship with an SBA …4/1/2020 · The loans are intended for any business with fewer than 500 employees, including self-employed people, and are available retroactively from Feb. 15 so that workers can be rehired. Speed is …4/10/2020 · Self-employed individuals and contractors hurt by COVID-19 are eligible for the Paycheck Protection Program, but the rollout has not exactly gone smoothly so ;· The Paycheck Protection Program – This program was created under the CARES Act and authorized the Small Business Administration to provide loans to help small businesses retain employees and manage expenses during the COVID-19 outbreak. Update: On April 24, 2020, Congress allocated an additional $321 billion worth of funds for this program. The SBA has resumed accepting Paycheck …9/17/2020 · Income - Self-Employed. The PPP is a loan issued by Small Business Administration lenders under the CARES Act. These loans are designed to provide a direct incentive for small businesses to keep their workers on the payroll. Can proceeds from an SBA PPP or any other similar COVID-19 related loans be considered business assets for the Yes. The Scottish Government announced on a further £220 million in grants to help businesses, including the recently self-employed. About £100 million of that support is designed for self-employed people and viable micro and SME businesses in distress due to coronavirus.

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