Pandemic Unemployment Assistance (PUA) Program
The Employment Development Department (EDD) has a new emergency unemployment assistance program under the federal CARES Act called the Pandemic Unemployment Assistance (PUA) program. The Pandemic Unemployment Assistance is available for the self-employed/sole proprietors.
EDD will begin taking applications for this type of UI next Tuesday, April 28th,
and it will be retroactive to February 2nd. Having Elective Unemployment Insurance is not a prerequisite. EDD has provided the following link for more information:
CARES Paycheck Protection Program (PPP)
Yesterday (April 21st) Congress approved additional funding for this program. If you have applied for this program, it is important to check in with your banker to ensure they have all of the needed documentation so when funding is approved by Congress and released your application is not delayed. If you are considering applying for the program, you should access the online portal of your bank to apply as soon as possible.
This is an updated link to the SBA (Small Business Administration) website with all the funded Coronavirus Relief options:
