Paycheck Protection Prpgram

I don't see how you would cover Subcontractors, because they qualify on their own for their own businesses.

https://www.sba.com/funding-a-business/government-small-business-loans/ppp/

https://www.journalofaccountancy.com/news/2020/apr/paycheck-protection-program-ppp-loans-sba-details-coronavirus.html

https://www.sba.gov/sites/default/files/2020-04/PPP--IFRN%20FINAL_0.pdf

I found this:

"On the evening of April 6th, the SBA released the following additional guidance:

• Amounts paid to independent contractors on Form 1099 do NOT qualify as payroll costs to the payor.
• The applicant can use either 2019 payroll costs or the last 12 months, whichever they prefer (most will use 2019).
• Only the salary/wages of an employee is capped at $100,000. The additional payroll costs may be included.
• Wages are gross. They are not reduced by federal income tax withholding or the employee’s share of payroll taxes. Payroll costs are also not increased by the employer’s share of payroll taxes.
• An applicant can count costs paid to leased employees."

1) Your payments to subcontractors aren't included because they will be able to apply for the PPP themselves, so you won't be paying them their compensation.

I applied for the PPP through ppp.glossgenius.com and the process was super streamlined with a straightforward application telling you exactly what to upload. They also have a loan calculator in the process to simplify your calculations.