March 2, 2021 at 2:00pm - 3:00pm
RegisterThe federal government has released information this past week that will allow many sole proprietors who weren’t previously eligible for a PPP loan to now qualify!
If you are a sole proprietor and currently in the process of applying for a first or second PPP loan, you should stop your application and hold off until new rules are released next week.
It has not been confirmed as of today, but there is a chance that additional PPP funds may be available to sole proprietors who’ve already received first and/or second PPP loans.
The SBA is revising the PPP funding formula for sole proprietors, independent contractors, and self-employed individuals. Guidance/rules are expected next week.
If you are a sole proprietor, you NEED to listen to this webinar. PPA will also send out new information next week as we receive it.