What is the fewest amount of employees a small business can have to qualify for these SBA PPP loans?

Q: What is the fewest amount of employees a small business can have to qualify for these SBA PPP loans?

Answer: Sole proprietorships, independent contractors, and other self-employed individuals are eligible. The limit is on the maximum number of employees, which is 500 (per physical location in the case of food services).

Q: What is the fewest amount of employees a small business can have to qualify for these SBA PPP loans?

Answer: Sole proprietorships, independent contractors, and other self-employed individuals are eligible. The limit is on the maximum number of employees, which is 500 (per physical location in the case of food services).

Natalie MoffettApril 10, 2020, 11:20 AMApril 10, 2020 4759

What is the fewest amount of employees a small business can have to qualify for these SBA PPP loans?

Answer: Sole proprietorships, independent contractors, and other self-employed individuals are eligible. The limit is on the maximum number of employees, which is 500 (per physical location in the case of food services).

Previous ArticleWe own a restaurant and had to close temporarily last week and layoff 39 employees. We want to re-open when things settle down as we’ve been in business almost 30 years. My question is if we haven’t kept our employees on the payroll can we take advantage of getting the utilities and rent assistance?

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