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How should partnerships calculate their maximum PPP loan amount?

IMPORTANT UPDATE FOR 2021: Congress has approved an extension of the PPP loan program. SBA will accept applications until May …

Jan 29, 2021

How to calculate the maximum PPP loan amount for self-employed farmers

IMPORTANT UPDATE FOR 2021: Congress has approved an extension of the PPP loan program, and applications may be submitted to …

Jan 28, 2021

How to calculate your maximum PPP loan amount: self-employed with no employees

Important PPP update for 2021 IMPORTANT PPP UPDATE: As of March 3, 2021, applicants who report their income with IRS …

Jan 28, 2021

What if I received the wrong amount for my PPP loan? (too much/too little)

In this 5-minute read: What to do if your PPP loan is not enough What to do if your PPP …

Jan 28, 2021

How do I calculate my maximum PPP loan amount if I have employees? (2021 updates!)

Important PPP update for 2021 On December 22, 2020, Congress passed a bill renewing funding under the CARES Act, including …

Jan 28, 2021

Will my business be audited if I receive a PPP loan? (2021 update)

Important PPP update for 2021 On December 22, 2020, Congress passed a bill renewing funding under the CARES Act, including …

Jan 28, 2021

What is the covered period for PPP loan forgiveness? When does it start? (2021 update)

Important PPP forgiveness update as of August 2021 On July 28, 2021, the SBA announced big news (for most PPP …

Jan 27, 2021

5 responses to your PPP loan application and what they mean (important tips!)

Note: if you’re looking for Womply PPP loan status definitions, please visit our PPP loan status FAQs. In this 5-minute …

Jan 27, 2021

Do truckers qualify for first or second draw PPP loans?

In this 5-minute read: Do truckers qualify for first or second draw PPP loans? What expenses does the PPP loan …

Jan 27, 2021

Can my employees file for unemployment benefits if my business gets a PPP loan? (2021 update)

Important PPP update for 2021 On December 22, 2020, Congress passed a bill renewing funding under the CARES Act, including …

Jan 27, 2021

PPP loans for independent contractors: video Q&A with SBA expert!

IMPORTANT PPP UPDATE: As of March 3, 2021, applicants who report their income with IRS Form 1040 Schedule C (i.e., …

Jan 26, 2021

2021 EIDL grants, advances, loans, and FAQs (check back for updates!)

UPDATE: SBA is currently accepting new COVID-19 EIDL loan applications from all qualified small businesses, including agricultural businesses, and private …

Jan 26, 2021

PPP 2021: How long does it take to apply, get approved, and get funding?

In this 3-minute read: Will the PPP run out of money? How long does it take to submit a PPP …

Jan 26, 2021

I had W2 and also 1099 income in 2019 and 2020. Am I eligible for a PPP loan? 

In this 2 minute read: Can I get a PPP loan if I had both W2 and 1099 income in …

Jan 25, 2021

Can I get a PPP loan if I am on unemployment? (FAQs for 2021)

In this 2-minute read: Can I still get a PPP first or second draw loan if I’m currently taking unemployment …

Jan 25, 2021

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