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For those of us who are independent contractors with Doordash, Uber, Instacart, Lyft etc

For those of us who are independent contractors with Doordash, Uber, Instacart, Lyft etc

  • Your business has to be in a low income community.
  • You have to demonstrate you had an economic loss over an 8 week period compared to the same 8 weeks of the year before.
  • You have to have less than 300 employees.

, the 300 employee thing is obviously not an issue. The original limit was 500 employees. If your business is part of this first round, has received an advance before and you do have a lot of employees, chances are you already received the maximum.

Your business address needs to be in a low income tract. For most of us who are 1099 contractors, that’s your home address. You can get more details about what it means to be in a low income area and how to find the specific details for your area here.

The economic loss piece gets a bit trickier. In the original application, you only needed to have information off your 1099 from 2019. This time around you need much more specific week by week numbers.

The criteria is that for any 8 week period after , if gross earnings were more than a 30% loss compared to the same 8 week period of the year before, you would qualify. That’s the earnings before expenses are taken out. You can read more about economic loss reqirements here, or you can access the tool we put together where you can enter your weekly income and identify if there’s an 8 week period where you had a loss.