Fellow self-employed, I just submitted my application for a #CARESAct Payroll Protection Loan via my bank - if it is approved, it’s two months of payroll (myself and contractors), plus rent, utilities, etc to make up for lost business. /1
Payments deferred for 6mos, at 0.98% over 24 months...and that only applies to whatever isn’t forgiven (payroll will be, and likely more). This is THE LEAST our govt can do for us as they bungle everything else in this dire situation. /2
I wasn’t going to apply—I’m going to be OK either way. But if approved, it is a safety net to keep my head above water until we can get back to the movies. If you’re not sure if you qualify - YOU DO. /3
Don’t let the word “payroll” scare you away, fellow independent contractors. Get your piece of this much deserved economic stimulus pie! (And get at me if I can help at all!) /4
Also, in tweeting this thread I just realized what the + button is for on the Twitter app, so you know...that’s the day I’m having. /fin
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