U.S. Chamber of Commerce Releases Guide to Help Tens of Millions of Independent Contractors Secure CARES Act Funding
WASHINGTON, D.C. — The U.S. Chamber of Commerce today released a new guide to help independent contractors and self-employed individuals secure funding under the CARES Act.
The guide, which was prepared after the Small Business Administration provided new guidance on Tuesday, is intended to assist millions of independent contractors including accountants, construction workers, musicians, real-estate agents, freelance writers, and gig workers. The guide provides step-by-step assistance to help individuals understand eligibility requirements, borrowing limits, and appropriate use of funds under the Paycheck Protection Program and Economic Injury Disaster Loans. It also outlines the steps required to apply for Unemployment Compensation under a special program created by the CARES Act.
The guide for independent contractors and self-employed individuals is available at uschamber.com/ICguide.
The Spanish version of the guide can be found at uschamber.com/ICGuideESP