Source
r/uberdrivers•
ryanbbb

Payroll Protection Program

Anyone have any idea if we are eligible for this? It says starting April 10th,independent contractors and self-employed people can apply for forgivable loans for income and other expenses (car payment, insurance, etc). This seems separate from the expanded unemployment.

https://home.treasury.gov/system/files/136/PPP--Fact-Sheet.pdf

Discuss.

Posted Apr 8, 2020, 1:55 AM UTC

25
Dmartinez8491•

I applied to the Sba as a sole proprietor last week since my business license for uber is as a sole proprietorship. Wonder if I'll have to apply again.

2
sowalgayboi•

If you did the emergency loan for $10k yes, they are separate programs.

2
Dmartinez8491•

For sure. I'll just stick to that emergency loan and see what happens

1
SFUbersan francisco•

I don’t think we are eligible for this. Apparently it requires a business license and a business bank account, plus you can only apply thru your bank.

2
lwcunningham•

You can apply through your bank using your Sched. C. Banks have different requirements. I know for mine they just require a business account which is essentially personal checking with more benefits.

1