
covered property damage costs (costs related to property damage and vandalism or looting due to public disturbances that occurred during 2020 that was not covered by insurance or other compensation).
#WOMPLY FASTLANE PPP STATUS SOFTWARE#

mortgage interest payments (but not mortgage prepayments or principal payments).costs related to the continuation of group health care, life, disability, vision, or dental benefits during periods of paid sick, medical, or family leave, and group health care, life, disability, vision, or dental insurance premiums.Payroll costs (as defined in the CARES Act, Economic Aid Act and relevant interim final rules).The proceeds of a PPP loan are to be used for: The application process will help you determine if you’re eligible for a PPP loan. Even if you’re not 100 percent sure, we recommend you go ahead and apply anyway.

Still not sure if you qualify? Check out our qualifications FAQ. If you receive self-employment income, you’re likely eligible for a PPP loan Note: receiving W-2 income does not disqualify you from receiving a PPP loan if you receive income from any of the above sources.

Pretty much anyone who has 1099 income can qualify for PPP loans. You might qualify for PPP loans if you’re a sole proprietor, gig worker, or self-employed.
