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The Latest PPP Loan Update For Booth Renters, Salon Owners Without Employees & Independent Contractors

The Latest PPP Loan Update For Booth Renters, Salon Owners Without Employees & Independent Contractors

Update: 2020-04-20

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On Tuesday, April 14, the Small Business Administration (SBA) issued several important clarifications to its rules regarding the Paycheck Protection Program (PPP) in respect to the following:

Calculation of maximum loan amount for self-employed individuals
Use of PPP loan proceeds by self-employed individuals.
Documentation for loan forgiveness by self-employed individuals.

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The Latest PPP Loan Update For Booth Renters, Salon Owners Without Employees & Independent Contractors

The Latest PPP Loan Update For Booth Renters, Salon Owners Without Employees & Independent Contractors

Desarie Anderson