How much can I make and still get unemployment in Illinois?
How much can I make and still get unemployment in Illinois?
You are allowed to earn up to 50% of your weekly benefits amount from any job that is part-time, either permanent or temporary. Your benefits will be reduced if you earn more than 50% of your weekly benefits. For example, if your weekly benefit amount is $300, you may earn up to $150 per week from your part-time job.
How do I pass a phone interview for unemployment?
Tips on How to Handle a Phone Interview with EDD for Unemployment Benefits
- Keep Your Answers As Brief and As Relevant as Possible. During the EDD interview, you will be asked very short and very specific questions.
- Be nice.
- Don’t Exaggerate or Misrepresent the Reasons for Your Separation or Termination.
How long can you spend a PPP loan?
The two biggest changes rolled out in June 2020 were: The eight-week period to use your PPP funds was extended to 24 weeks. Previously, you had to spend at least 75% of the funds on payroll. You now need to spend only 60% of the funds on payroll.
Can I use my PPP loan for anything?
Generally, PPP funds can be used for four purposes: payroll, mortgage interest, rent/lease, and utilities. Payroll should be the major use of the loan.
How do I get my PPP loan forgiven?
How to get PPP loan forgiveness
- Use it for eligible expenses.
- Keep your employee headcount up*
- Don’t reduce an employee’s wages by more than 25%*
- Document everything.
- Talk with your lender.
- Apply for loan forgiveness.
Do I have to pay back my PPP loan?
Yes. PPP loans (the full principal amount and any accrued interest) may be fully forgiven, meaning they do not have to be repaid. If you do not apply for forgiveness, you will have to repay the loan.
Can you be denied the PPP loan?
It’s possible that a lender will reject your loan application even if your business is eligible for a loan. Lenders reviewing loan applications will put businesses through a version of their underwriting process.
