The SBA has begun the process of reaching out to individuals who may be eligible for the Covid-19 Targeted EIDL Advance, inviting them to apply for the additional funds. If you received an invitation to complete the application, this post is here to help you walk step by step through how to fill out the …
The Consolidated Appropriations Act of 2020 extended the COVID-19 Economic Injury Disaster Loans and introduced a targeted advance for previous borrowers who met certain conditions. How does all of this impact independent contractors who were in business prior to the pandemic? If you contract with gig companies like Doordash, Uber Eats, Postmates, Lyft, Grubhub, Instacart …
Do you qualify to get an additional targeted advance as an independent contractor under the targeted EIDL grants? The Consolidated Apprppriations Act of 2020 (signed December 27) included some economic stimulus measures for pandemic relief, and part of that act opened up the EIDL loan and grant program once again. There’s a new twist: The …
The new stimulus program, signed into law in the last days of 2020, reopens the door for some aid for independent contractors such as with Doordash, Uber Eats, Lyft, Instacart, Grubhub etc. But it also has contractors scrambling to figure out how to tell out if they’re in a low income community. That’s because the …
After more than enough drama, the new stimulus program has been passed into law. Parts of that package include the extension of two programs that may help contractors for Grubhub, Doordash, Uber Eats, Instacart, Lyft and other gig companies: the Paycheck Protection Program and the Economic Injury Disaster Loans / Grants. As it was when …
You may be wondering, as an independent contractor with gig economy delivery apps like Grubhub, Doordash, Postmates, Uber Eats, Instacart, Shipt, and so on, why was I denied pandemic relief such as the EIDL or PPP? Isn’t the independent contractor supposed to be eligible for these programs? Yes, you do qualify. Many independent contractors and …
Editor’s note: This was originally written about applying for the original advances/grants/loans related to the EIDL under the CARES Act of 2020. In July, 2020, funding for the advances expired. On December 27, 2020 a new stimulus was signed into law renewing features of the EIDL program. Many things remain the same as in this …