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Wednesday, April 8, 2020, 14:50

Under the CARES Act, self-employed individuals may qualify for unemployment benefits even though they usually don't qualify;  they may qualify for the Paycheck Protection Program; and they may qualify for the Economic Injury Disaster Loan. 

Check these sites for additional information:

Economic Injury Disaster Loan Emergency Advance

Paycheck Protection Program

Federal Unemployment Assistance Information

Sole proprietors/self-employed individuals should contact their financial institutions to see if they are offering loans under these programs.  It is better to apply as soon as possible as funds are limited.

 

 


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