sole proprietors, independent contractors and self-employed persons can now apply for
Paycheck Protection Program
Starting April 10, 2020, independent contractors and self-employed individuals can apply for and receive loans to cover their payroll and other certain expenses through existing SBA lenders. Other regulated lenders will be available to make these loans as soon as they are approved and enrolled in the program.
Lenders may require additional documentation. Contact your lender to find out how to apply!
Update from MontcoStrong Economic and Workforce Development Team: Over 1,500 applications for grants through the Small Business Program were received on Wednesday in the 6 and a half hours the application window was open!
Overwhelmed? Read this article for a breakdown of the Paycheck Protection Program for small businesses affected by COVID-19.