The Paycheck Protection Program (PPP) offers up to $10 million for businesses with employees and up to $20,833 for self-employed and individuals on a 1099.
Choose your business type for tailored guidance.
Businesses with Payroll
Self-Employed & 1099 – Independent Contractors
- Step-by-Step Guide – Self-Employed
- Calculate Your Eligibility – And see how much PPP you can get
- Getting PPP Twice – How long to wait between First and Second Draw
- PPP & Unemployment – How you can get them both
Partnerships (K-1 1065)
General PPP Guidance
- Where to apply for PPP
- Covid-Relief and Taxes
- Changes to PPP – 03/03/2021
- Overview of the PPP Program
- Are you stuck? We can help!
UPDATES
3/3/2021: Changes to PPP (Schedule C filers can use gross income instead of net and expanded eligibility).
3/11/2021: Deadline for applications extended until 5/31/2021 (instead of 3/31).
All our PPP Articles
New York State Homeowner Assistance Fund – Up to $50k per Household – Launches 1/3/2021
Up to $50,000 per eligible household, who are either:
– 30 days past due: payment of all arrears
– Have an adult member currently unemployed: six months of future household payments (in addition to arrears).
EIDL $10k (Targeted Advance) + $5k (Supplemental Advance) = Up to $15k Grant
EIDL offers grants of up to $15k per eligible business (including self-employed).
Child and Dependent Care Credit – 2021 Tax Year
Dependent Care Credit offers families with child care and dependent care expenses, up to $8,000 per family in a fully refundable credit.
$10,000 NYC Small Business Resilience Grant
The NYC Small Business Resilience Grant is offering a $10,000 grant to eligible small businesses in New York City, including 1099 / Schedule C applicants.
Beyond COVID – Financial Assistance – Extensive List of Programs
Here is a list of financial assistance currently available in NY.
NY – Hurricane Ida Relief
Resource with available assistance in New York for those who were affected by Hurricane Ida (September 1-3 2021).
Employee Retention Credit (ERC) – For Businesses with Payroll
ERC (Employee Retention Credit) is a Covid-Relief program that gives eligible businesses up to $33k for each employee on payroll.
NY Emergency Rental Assistance Program (ERAP)
This ERA program helps pay the rent for eligible households. Both tenants and landlords can apply. Funds are limited, so if you are eligible, apply right away.
EIDL Loan – Up to $2 Million
EIDL offers up to $2 Million low-interest loan to eligible businesses.
NY Unemployment Update September 6, 2021 – Covid Unemployment is Over
All about Covid Unemployment Expiration on 9/5/2021
NY Child Care Providers – Stabilization Grant
If you have a licensed/registered/exempt child care program, you can get a grant, between $4,000 and $200,000.
New York State Small Business Recovery Grant Program – Up to $50K
Covid-19 grant between $5k – $50k for eligible small businesses in New York State.
NY: Partial Unemployment Now Based on Hours Worked, Not Days
Starting from the week beginning 01/18/2021 partial Unemployment will depend on hours worked and not days worked
Covid-19 Funeral Assistance
FEMA will reimburse up to $9,000 in funeral expenses for people who passed away due to Covid after January 20, 2020.
Free Childcare in New York – Essential Worker Scholarship
The $25 Million NYS Essential Worker Scholarship fund covers childcare costs for essential workers. The term “essential worker” is very broad and includes childcare, education, retail, medical, construction and many more fields.
American Rescue Plan Act – 03/11/2021
Overview of the American Rescue Plan – Signed into law 03/11/2021
Emergency Broadband Benefit – $50 Off Per Month
Federal program that provides a $50 discount on monthly internet bills (or mobile phone plans that include internet), plus a one-off $100 credit for purchasing a device.
EXPIRED: Housing NYC – Section 8 Lottery
Lottery to get a Housing Choice Voucher, commonly referred to as Section 8.
Exclusive PPP Calculator for Businesses with Payroll
This calculator helps businesses with payroll calculate their PPP eligibility.
Restaurant Revitalization Fund (RRF) – Up to $10 Million Grant
Restaurant Revitalization Fund (RRF) is offering up to $10 million to Restaurants, Caterers, Bakeries, Food stands, Bars, and other businesses that serve food.