If I had 12 employees before COVID-19, but had to reduce my work force and now only have five employees, do I still qualify?

The business needs to have 5 employees at the time of the application submittal. This will be verified with W2’s or the payroll register.

Show All Answers

1. How long will it take to be approved?
2. What if I already applied for other Federal, State, or County assistance programs (i.e. SBA Economic Injury and Disaster Loans (EIDL) or Paycheck Protection Program (PPP)? Can I still apply?
3. What documents will I be required to submit?
4. If I had 12 employees before COVID-19, but had to reduce my work force and now only have five employees, do I still qualify?
5. My spouse also works in the business, are we counted as one or two separate employees?
6. Does 5 employees mean 5 bodies or full-time equivalents (FTE’s)?