*PUA is not the correct term for the $600. The $600 is called FPUC. We think our organization title might have led to some of the confusion. When we jumped into this we used PUA as an umbrella term. We wanted to extend all Pandemic Unemployment Assistance. Logical. Or so we thought. We quickly learned that PUA was a very specific term in the legislation referring only to expanding UI to many who are not usually eligible for UI. We decided to leave it. Because we DO want to extend PUA. We also want to expand PUA and extend FPUC ($600) and and and… but people have come to associate us with the $600 and so people have come to believe “PUA” is the term for the $600. So here’s a review of the terms...
This is standard unemployment offered to people who worked on a W2 for an employer. It is capped at 26 weeks in most states.
Pandemic Emergency Unemployment Compensation
This is an additional 13 weeks added to all regular UI claims. This means all regular UI claims can now last up to 39 weeks instead of 26. This expires December 26, 2020.
This varies by state, but is a possible benefit extension. Here’s a chart that explains it visually. It is specific to Oregon so check your state’s laws.
PAYCHECK PROTECTION PROGRAM
PPP loans were available to small businesses that were in operation on Feb. 15 with 500 or fewer employees, including not-for-profits, veterans’ organizations and individuals who were self-employed or independent contractors.
Federal Pandemic Unemployment Compensation
This is an additional $600/week for every person who is currently collecting a regular UI or PUA claim. It was capped at 13 weeks and expired July 25. PUA is not the correct term for the $600.