SBA Resources and information
Resources below listed in order of likely success (highest to lowest) for self-employed individuals
IRS - Economic Impact Payments ($1,200 per tax payer)
https://www.irs.gov/coronavirus-tax-relief-and-economic-impact-payments
State Unemployment Insurance
Can independent contractors or self-employed get benefits?
Yes—but it’s going to take a few weeks to update our systems.
Self-employed workers should be able to start claiming mid-April.
Sign up for regular email updates about our COVID-19 response.
Federal Expanded Unemployment Benefits ($600 per week)
https://www.dol.gov/newsroom/releases/eta/eta20200405
Individuals who will become eligible as a result of the CARES Act include: self-employed workers, independent contractors, workers who do not have long enough work histories to qualify for state benefits, and workers seeking part-time employment.
SBA EIDL Loan Advance (max $10,000 advance)
https://covid19relief.sba.gov/#/ (application page)
This program is for any small business with less than 500 employees (including sole proprietorships, independent contractors and self-employed persons)
Sole proprietors, independent contractors, and self-employed persons are eligible to apply through their local bank.
Access to loan dependent on bank relationship and remaining program funds.
https://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program-pp