PPP (Paycheck Protection Program) provided relief to small business owners, including independent appraisers like me.
Who Qualified
Self-employed professionals with fewer than 500 employees qualified. Most solo appraisers met criteria.
Appraisal Business Reality
Pandemic caused appraisal workflow disruptions. Desktop and drive-by appraisals reduced revenue initially.
PPP provided bridge to resume operations when in-person appraisals resumed.
Support Provided
PPP helped cover:
- Payroll (solo appraisers draw salary)
- Rent for office
- Utilities
- Other operating expenses
Bridge funding critical to business continuity.
Application Process
Simple application showing revenue, employee count, expenses. Approval relatively quick.
SBA website and bank partners processed applications.
Impact
Many solo appraisers, realtors, and small business owners accessed relief. Helped entire industry stabilize.
---
PPP and business relief? Government support helped many weather pandemic. Contact me.