In the past, gig workers and self-employed sole proprietors – from tech support pros and field service technicians to actors and musicians – were usually left out of any government benefits. Of course, since Covid-19 began spreading around the globe, the way things were done in the past is often irrelevant. 

Groups like the Arts Action Fund, the lobbying branch of the nonprofit Americans for the Arts, were active in the efforts to successfully include these members of the contingent workforce in the CARES Act (the Coronavirus Aid, Relief, and Economic Security Act) last year. Specifically, gig workers were eligible to apply for Paycheck Protect Program loans, which would be forgiven in full if the funds were spent on designated expenses, such as payroll, benefits and utilities. 

Although there were some glitches as the program was rolled out, PPP loans were a boon to many self-employed people in a variety of fields. 


Second Draw PPP Loans for Gig Workers

Whether you are a gig worker in the arts or a freelance IT specialist, if you received a PPP loan in 2020, you may be eligible to apply for a new loan this year. This is what the Small Business Administration is referring to as a Second Draw PPP loan

To qualify for a Second Draw PPP Loan, you must meet the following criteria: 

  • You previously received a First Draw PPP Loan and will or have used the full amount only for authorized uses;
  • You have no more than 300 employees; and
  • You can demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020.


Whether you are a small business or a gig worker, if you did not receive a PPP loan last year, the SBA is offering another round of First Draw PPP loans that you may qualify for. 

Of course, if you are in the need of the kind of assistance that Techadox can provide – whether you need contingent labor to help your business complete critical projects and up your customer service game or are a gig worker looking to grow your tech support business – we hope you will contact us.