Don’t miss out
Contact me for more details – Stacy Hauser, CPA (865) 217-6803
Who is eligible?
• Self employed, sole proprietors, LLC’s and corporations
• Can show a loss of 25% in 2020 compared to 2019 in any quarter.
• New applicants and 2nd round applicants who have used all the funds available in their original PPP loan.
What can the funds pay?
• Sole proprietor income
• Payroll
• Rent
• Mortgage interest
• Utilities
• Software and cloud computer software
• Worker protection cost
• Property damage from public disturbances
• Supplier Costs for essential operations
How much is available?
• 2.5 times profit for self employed.
• 2.5 times profit plus payroll for self employed with employees.
• 2.5 times payroll for LLC’s and Corporations.
More details to come!
Contact me for more details – Stacy Hauser, CPA (865) 217-6803