New avenues are emerging for self-employed individuals to access federal economic relief funds to mitigate the fallout from the COVID-19 pandemic.

Independent contractors and self-employed individuals could begin on April 10 applying for the SBA’s Payroll Protection Program loans, which can provide up to $100,000 in annual income assistance.

PPP loans are made through banks and credit unions, and non-banking institutions including PayPal, Intuit and Square were approved Friday to begin accepting applications.

Business owners are cautioned to avoid scams that promise quicker access to funds for a fee. Use familiar lenders and never given personal or financial information to someone you do not know.

More promised financial help came last week when Gov. Bill Lee said the state would accept federal funds to provide payments to independent contractors and the self-employed who, if they qualify, could receive the maximum of $275 in state unemployment assistance plus the $600 per week in enhanced “pandemic unemployment compensation.” Individuals must have a qualified state claim to receive the additional federal payment.

The U.S. Treasury began on April 10 depositing $10,000 advances to applicants for SBA Economic Injury Disaster Loans. Within a week of receiving the advance, applicants should receive information about how much they are qualified to borrow.