PUA- UNEMPLOYMENT ASSISTANCE 

May 04, 2020

 SELF UNEMPLOYMENT ASSISTANCE 

https://www.facebook.com/EDCollaborative/videos/2911602725598926/

 

 

Pandemic Unemployment Assistance Challenges for Self-Employed with W2 Income- We are aware that for self-employed individuals with W2 income it is a significant challenge to apply for PUA. Essentially, the EDD system is not able to capture all their income as a self-employed individual as the system requires them to first apply as a W2 employee. There are advocates at the state level working on behalf of the self-employed to help remedy this issue. For now, we encourage all who fall in this category to work within the EDD system and file first as a W2 employee. We will be sure to update you all when more information is known about this process and impact on our self-employed workers.

 

EIDL Reopens for Agricultural Workers- Moments ago SBA released the attached press release clarifying that EIDL has reopened for limited time to accept agricultural business applications only. This is good news for many businesses in SB and VC county. For now, business applications already in the queue are being processed on a first come first serve basis. For more information please see the attached release.

NEWS RELEASE

 

PRESS OFFICE

 

Release Date: May 4, 2020                    Contact: [email protected], (202) 205-7036

Release Number: 20-38                           Follow us on Twitter, Facebook, Blogs & Instagram

 

SBA to Make Economic Injury Disaster Loans Available to U.S. Agricultural Businesses Impacted by COVID-19 Pandemic

 

WASHINGTON – U.S. Small Business Administration Administrator Jovita Carranza announced today that agricultural businesses are now eligible for SBA’s Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. SBA’s EIDL portal will reopen today as a result of funding authorized by Congress through the Paycheck Protection Program and Healthcare Enhancement Act. The legislation, signed into law by the President one week ago, provided additional funding for farmers and ranchers and certain other agricultural businesses affected by the Coronavirus (COVID-19) pandemic.

 

“For more than 30 years, SBA has been prohibited by law from providing disaster assistance to agricultural businesses; however, as a result of the unprecedented legislation enacted by President Trump, American farmers, ranchers and other agricultural businesses will now have access to emergency working capital,” said Administrator Carranza. “These low-interest, long-term loans will help keep agricultural businesses viable while bringing stability to the nation’s vitally important food supply chains.”

 

Agricultural businesses include businesses engaged in the legal production of food and fiber, ranching, and raising of livestock, aquaculture, and all other farming and agricultural related industries (as defined by section 18(b) of the Small Business Act (15 U.S.C. 647(b)). Eligible agricultural businesses must have 500 or fewer employees.

 

The SBA will begin accepting new EIDL applications on a limited basis only, in order to provide unprecedented relief to U.S. agricultural businesses. For agricultural businesses that submitted an EIDL loan application through the streamlined application portal prior to the legislative change, SBA will move forward and process these applications without the need for re-applying. All other EIDL loan applications that were submitted before the portal stopped accepting new applications on April 15 will be processed on a first-in, first-out basis.

 

For more information, please visit: www.sba.gov/Disaster.

 

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