PPP Deadline Extended to May 31, 2021!!
PAYCHECK PROTECTION PAYMENT (the”PPP”) UPDATE FOR SELF EMPLOYED SMALL BUSINESSES
The PPP will now use Gross Income instead of Net Income in the application form to calculate how much self-employed business owners can borrow. This will allow small business owners to borrow more money in the form of loans that are forgivable under the PPP.
We have recorded informational videos in six languages to ensure small businesses – many who were left out of the first round of PPP – have the most up to date information.
Please share the videos widely. The videos are in English and 5 other languages: English with ASL interpretation, Spanish, Swahili, Arabic, Somali, and Nepali.