Seek Capital Help FAQs
How long will this program last?
After receiving hundreds of billions in new funding December 2020, the PPP program was extended to March 31, 2021, or as long as funds last.
- Spend that money within 24 weeks (6 months)
- Employee and compensation levels are maintained (which if you’re self-employed is just you)
- At least 60 percent of the proceeds are spent on payroll costs, and the rest goes to other eligible expenses (wages / payroll, mortgage interest, rent, utilities, taxes, benefits, etc).
Then we’ll help you fill out the required paperwork to get it 100% forgiven!
Related Links
- Are self-employed / independent contractors eligible for PPP loans?
- Can I apply for a second PPP loan if I received a first round PPP loan in 2020?
- What counts as payroll for someone who’s self-employed or an independent contractor?
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We've funded over $400 million for small business owners since 2015
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