Congrats on prequalifying for the ERC program!
Based on the information you submitted, we recommend you speak with an Eco Financial ERC Expert to see how much you qualify for!
Here are some ranges of awards the IRS grants qualified businesses:
Important Note: This table serves as a broad estimate. This is not a guarantee. Every business is different. Speak to an Eco Financial ERC Expert to fully understand your qualification status and to estimate how much your award might be.
Top FAQs
If I already took PPP, am I still eligible for ERC?
Yes, you might be. Schedule a brief Consult Call with an Eco Financial ERC Expert to confirm how much ERC funds you’re eligible for. Our Experts will give you a good estimate of what to expect.
My revenue didn’t decline by 50% (2020 compared to 2019) or by 20% (2021 compared to 2019). Do I still qualify?
Many businesses qualify for the ERC due to a “change in business operations.” Ask yourself, did any of these things happen to your business in 2020 or 2021?
If yes, then you may qualify:
Change in business hours
Partial or full suspension of your operations
Shutdowns of your supply chain or vendors
Reduction in services offered
Reduction in workforce or employee workloads
A disruption in your business (division or department closures)
Inability to visit a client’s job site
Suppliers were unable to make deliveries of critical goods or materials
Additional spacing requirements for employees and customers due to social distancing
Change in job roles/functions
Tasks or work that couldn’t be done from home or while transitioning to remote work conditions
Lack of Travel
Lack of Group Meetings