Coronavirus USA Small Business relief info? at DVinfo.net

Josh Bass · April 3rd, 2020, 10:02 AM

Not to insult anyone's intelligence but should I link to some of the resources about the new financial relief options available to small businesses in our world/freelancers? I didn't see any posts about it on here.

Cary Knoop · April 3rd, 2020, 12:16 PM

Posting links is very helpful.

Also in addition to small businesses, individual contractors can also use the PPP.

It seems delayed somewhat but it is in the works:
https://www.cnbc.com/2020/04/03/dela...d-workers.html

Josh Bass · April 3rd, 2020, 12:23 PM

This would probably be the place to start:

https://www.sba.gov/funding-programs...relief-options

Followed by this

https://blog.freelancersunion.org/20...or-freelancers

For this one just substitute your own bank instead of the one the link is from.

https://southendcapital.com/updates/...7a-relief-loan

Josh Bass · April 3rd, 2020, 12:32 PM

And here's an attachment with another summary of the SBA thing

Jim Michael · April 3rd, 2020, 02:48 PM

Also this. There is a box to check to apply for the $10k loan/grant https://covid19relief.sba.gov/#/

Josh Bass · April 3rd, 2020, 02:55 PM

Thanks. I'm not sure exactly how it all works; some of my colleagues are under the impression you fill out the initial form on the SBA site and they determine which thing you're eligible/qualify for. For instance some of you are more like business owners with employees or perhaps are S-corps or LLCs or whatever and I'm a simple freelancer/crew member/sole proprietor, so we may not all be up for the same benefits.

Also the differing income levels.

Jim Michael · April 3rd, 2020, 04:05 PM

The one I posted applies to all cases - sole proprietor, LLC, corps, etc.

Pete Cofrancesco · April 3rd, 2020, 04:18 PM

I haven't applied for a loan but I have a colleague who did and he said even a sole proprietor could apply. Whether you would be approved and when you would receive the money are two entirely different matters. I applied for unemployment a week ago and have heard nothing back. The new federal program is supposed to cover self employed but I'm still very skeptical. I could see them saying after a couple of months that they decided based on my situation I'm entitled to something around $100/week if I'm lucky. While it doesn't hurt to apply I wouldn't pin my hopes on it.

April 3rd, 2020, 10:02 AM	#1
Josh Bass Slash Rules! Join Date: Apr 2002 Location: Houston, Texas Posts: 5,472	Coronavirus USA Small Business relief info? Not to insult anyone's intelligence but should I link to some of the resources about the new financial relief options available to small businesses in our world/freelancers? I didn't see any posts about it on here. __________________ The Bass' camerawork The Bass on IMDB

April 3rd, 2020, 12:16 PM	#2
Cary Knoop Major Player Join Date: Jan 2017 Location: Newark, CA Posts: 324	Re: Coronavirus USA Small Business relief info? Posting links is very helpful. Also in addition to small businesses, individual contractors can also use the PPP. It seems delayed somewhat but it is in the works: https://www.cnbc.com/2020/04/03/dela...d-workers.html

April 3rd, 2020, 12:23 PM	#3
Josh Bass Slash Rules! Join Date: Apr 2002 Location: Houston, Texas Posts: 5,472	Re: Coronavirus USA Small Business relief info? This would probably be the place to start: https://www.sba.gov/funding-programs...relief-options Followed by this https://blog.freelancersunion.org/20...or-freelancers For this one just substitute your own bank instead of the one the link is from. https://southendcapital.com/updates/...7a-relief-loan __________________ The Bass' camerawork The Bass on IMDB

April 3rd, 2020, 02:48 PM	#5
Jim Michael Major Player Join Date: Dec 2005 Posts: 895	Re: Coronavirus USA Small Business relief info? Also this. There is a box to check to apply for the $10k loan/grant https://covid19relief.sba.gov/#/

April 3rd, 2020, 02:55 PM	#6
Josh Bass Slash Rules! Join Date: Apr 2002 Location: Houston, Texas Posts: 5,472	Re: Coronavirus USA Small Business relief info? Thanks. I'm not sure exactly how it all works; some of my colleagues are under the impression you fill out the initial form on the SBA site and they determine which thing you're eligible/qualify for. For instance some of you are more like business owners with employees or perhaps are S-corps or LLCs or whatever and I'm a simple freelancer/crew member/sole proprietor, so we may not all be up for the same benefits. Also the differing income levels. __________________ The Bass' camerawork The Bass on IMDB

April 3rd, 2020, 04:05 PM	#7
Jim Michael Major Player Join Date: Dec 2005 Posts: 895	Re: Coronavirus USA Small Business relief info? The one I posted applies to all cases - sole proprietor, LLC, corps, etc.

April 3rd, 2020, 04:18 PM	#8
Pete Cofrancesco Inner Circle Join Date: May 2004 Location: USA Posts: 2,995	Re: Coronavirus USA Small Business relief info? I haven't applied for a loan but I have a colleague who did and he said even a sole proprietor could apply. Whether you would be approved and when you would receive the money are two entirely different matters. I applied for unemployment a week ago and have heard nothing back. The new federal program is supposed to cover self employed but I'm still very skeptical. I could see them saying after a couple of months that they decided based on my situation I'm entitled to something around $100/week if I'm lucky. While it doesn't hurt to apply I wouldn't pin my hopes on it.