PPP Programs AND Unemployment Benefits at the same time?

[Daniel Dietz]

Hello All, 

I am wondering if anyone can help me clarify this topic?

I have applied for the PPP Program for my 'day job' of being a remodeling contractor in a multi-member LLC (K-1), but have NOT hear anything back yet. We ARE under a 'shelter in place order' right now, so even IF I get those funds in the future, I will not 'be working for them' at this point.

So, not knowing IF or WHEN I might get those funds, am I able to collect unemployment in the meantime? I am NOT usually able to qualify in my state, but I do believe I would be eligible for the 'bonus $600 per week'.

If I file and get the unemployment, and THEN the PPP funds come through at some point, can i continue the unemployment since "I am not working" (being under the shelter in place order) of do I need to count the PPP payments as 'working income/wage'?

Thanks, Dan Dietz