Save Self-Employed Businesses & Freelancers: Expand PPP

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The Paycheck Protection Program (PPP) allocated $349B in financial aid to save struggling small businesses in the wake of the COVID-19 pandemic. But due to poor implementation and confusing guidelines, America’s 15.8M self-employed business owners were left out and are now on the brink of collapse. 

The federal government must sufficiently fund the PPP and distribute enough money to save self-employed business owners before it’s too late. 

Although supposedly intended to cover self-employed entrepreneurs, the SBA guidelines that all banks were waiting on in order to process their applications were issued just two days before the money ran out. Now, a mere 12 days since the program opened, the funds have been depleted and few, if any, self-employed business owners and freelancers have received a loan. 

This is unjust. 

As a former freelancer and now a community builder at HoneyBook, I have worked alongside and am deeply connected to small business owners across this country. I see the pain on their faces when they think about losing the business they’ve worked so hard to build. I hear their stories about struggling with bills and wondering where their family’s next meal is coming from. And I’ve heard first-hand how much they need emergency funds but haven’t been able to access them through the first round of the PPP. As larger companies continue to lay off and furlough employees, many freelancers have become the primary breadwinners in their household overnight and they are barely holding on.  

We cannot let the federal government let self-employed businesses be destroyed without offering them a lifeline in the middle of the worst economic crisis in our country’s history. These are photographers, wedding + event professionals, writers, coaches, consultants, designers, makers, artists and they need our help.  

The survival of the American Dream is at risk and we demand that the federal government hear the cry of all small business owners. 

That’s why we’re calling on Congress and President Donald Trump to act swiftly and decisively to save America’s self-employed. Please join us in asking them to: 

  • Increase funding for the Paycheck Protection Program by $400B and reserve $150B for self-employed individuals 

Thank you for your support! 

Natalie Franke

Former Professional Photographer, Co-Founder of the Rising Tide & Head of Community at HoneyBook