Don’t be one of the vast majority of gig workers who fail to get funded through the PPP because they didn’t do things right. I’ve seen numbers reporting less than five percent of independent contractors were getting funds through the Paycheck Protection Program. Were they being discriminated against? Are independent contractors for gigs like Doordash, …
The Paycheck Protection Program (PPP) is back. Independent contractors may qualify for forgivable loans. Under special circumstances, you may be able to take a second loan even if you received on earlier in 2020. The Consolidated Appropriations Act of 2020 (signed December 27) included some economic stimulus measures for pandemic relief. Part of that package …
On December 22, 2020, the Senate passed stimulus legislation that included additional Paycheck Protection Program funding and relief for small businesses including self employed contractors. As they did in the original Paycheck Protection Program, Gig Economy contractors with platforms like Doordash, Uber Eats, Grubhub, Instacart, Lyft, Postmates and others do qualify for the PPP loans. …
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 …
You applied for and received the SBA Paycheck Protection Program (PPP) loan through your bank or another financial institute. If you are like me, you see all the stuff about tracking payroll. That makes you wonder, what records do I need to keep? What happens now? Will you have to pay it back? It seems …
I wanted to share my experience applying for a Paycheck Protection Program SBA Loan as an independent contractor for gig economy apps including Grubhub, Doordash, Postmates and Uber Eats. I wrote last week about whether self employed independent contractors in the gig economy can qualify for the PPP loans. The bottom line is, yes, self …
Do Independent Contractors for Grubhub, Doordash ,Uber Eats, Lyft, Postmates, etc. Qualify for the Paycheck Protection Program (PPP) SBA Loans? It’s not often you think of SBA Loans as an independent contractor for gig economy apps like Grubhub, Doordash, Uber Eats, Postmates, Lyft and others. The Coronavirus has changed everything, hasn’t it? You can include …
