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

  • Apr 20 2020
  • Length: 25 mins
  • Podcast

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

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  • Summary

  • 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:

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

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