Easy. Free. And the right thing to do. Working with Blueacorn is the simplest way to help your contractors and commission-based workers apply for the PPP funding they need and deserve.
Between 2020 and 2021, many workers have been negatively affected by changes to business caused by the COVID-19 pandemic and related economic slowdowns. The Paycheck Protection Program (PPP) is a $953-billion business loan program established by the federal government’s Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020 to supplement incomes lost or reduced due to the COVID-19 pandemic. The first round of funding ended in August of 2020. The second round is currently open with a newly extended deadline of May 31, 2021. Source
The PPP allows small businesses and independent workers to apply for low-interest private loans to help pay for their payroll and other costs. As well as businesses, individuals like your contractors and commission-based workers, are eligible for PPP funds. Anyone who receives a 1099 and/or files a Schedule C is likely eligible.
What you’ll get when you partner with us
How to take action
The deadline for your team members to apply for PPP funds is March 31, 2020 (Congress is currently ruling on a 60 day extension. Stay tuned for this confirmation.)