Lennar Trade Partners

Lennar Trade Partners

The safety of our Associates, Customers and Trade Partners is our Number 1 Priority at Lennar. As we navigate these uncertain times, we have continued to stay focused on identifying ways of supporting you, our Trade Partners.

We have created this website for the sole purpose of helping you navigate the recently enacted COVID-19 stimulus legislation (the CARES Act). This website is intended to be a resource to help you identify and take advantage of the many stimulus provisions in the CARES Act that provide small business owners with liquidity to manage their cashflow through this current environment.

This website includes our high-level summary of the provisions we believe most important for you, our Trade Partners, and your employees.
We want this website to be a valuable reference tool for you during this difficult time. Therefore, we have included links below to publicly available documents and online resources that we believe will be most helpful to you. We will be continuing to update these links as other relevant information becomes available.

We encourage you to ask any questions you might have via E-mail to:

When you submit your E-mail, please include your name, company name, and market location with your question. We will respond to your questions as soon as possible, using all resources available to us, including our external advisors.

Please keep in mind that our intent is to provide you focused information that will be useful for discussion with your bankers, employees, and advisors.


The U.S. Small Business Administration (SBA) issued guidance on Friday April 3 relating to the Paycheck Protection Program (included on our website herein). Such guidance clarified that payments made to independent contractors do not qualify and will not be counted as payroll cost for purposes of calculating the loan amount under this program. As discussed on our Sunday March 29th calls, the law was unclear on this point, written in an ambiguous manner and could have be interpreted as qualifying as payroll cost. However, SBA lenders are following this guidance and will not allow these costs to be included for purposes of calculating a loan amount.

This guidance does however allow for independent contractors that are providing services to other businesses to apply for their own loans. They would include in their loan calculation, amounts paid to their employees, as well as amounts paid to themselves (the owners) as payroll costs for purposes of calculating the loan amount. This will allow them to receive needed cash to keep them in business.

We will keep you posted on this and continue to work on this issue.


News Flash 4/23/2020

The House passed a $484 billion aid package for small businesses, hospitals and testing. The bill now goes to President Trump, who says he will sign the measure.

Click here to read the Wall Street Journal’s article regarding the aid package.

Information for Independent Contractors

The CARES Act dramatically expands the availability of small business loans and unemployment insurance (UI) benefits to workers impacted by COVID-19 who otherwise would not normally receive such benefits, including independent contractors and other so-called gig workers. The law (1) expands the definition of workers eligible to receive benefits, (2) increases the amount of available benefits, and (3) extends the time during which benefits may be collected see below.

Payroll Protection Program Loans for Independent Contractors

For independent contractors and self-employed individuals, you can start to apply for the loan on April 10th. You must apply through an approved bank, which included all SBA and FDIC insured banks, many banks require you to have an account so it’s best to go to you regular bank.  The maximum loan you can get is 2.5 times your average monthly payroll for the prior 12 months, subject to a cap of 100,000 for any one individual.

There is more information included here on our website on applying for the PPP loan program.

Unemployment Benefits for Independent Contractors and Gig Workers


Who is eligible?

Ordinarily, workers such as those who are self-employed, independent contractors, or gig workers do not qualify for unemployment insurance.

The CARES Act creates “Pandemic Unemployment Assistance” to provide unemployment benefits to certain workers otherwise ineligible for unemployment benefits. The CARES Act permits an individual who is self-employed, an independent contractor, or a gig worker to receive unemployment benefits if the individual self-certifies that he or she is able and available to work within the meaning of applicable state law and is “unemployed, partially unemployed or unable or unavailable to work” because of one or more of the following COVID-19–related reasons such as:

          • He or she is diagnosed with COVID-19
          • He or she has symptoms of COVID-19 and is in the process of seeking a medical diagnosis
          • A household member has been diagnosed with COVID-19
          • He or she is providing care to a household member with COVID-19
          • A child or other person in the household for which the individual is the primary caregiver is unable to attend school or daycare due to COVID-19
          • The individual is unable to reach work due to a quarantine
          • The individual is unable to attend work because a healthcare professional advised him or her to self-quarantine

How are available benefits calculated?

Unemployed workers are typically entitled to an amount of unemployment benefits calculated as a percentage of the workers’ prior compensation. (These calculations vary by state.) Under the CARES Act, unemployed workers will continue to be eligible for such state-specific benefits plus an additional $600 per week for each week of unemployment.

It is presently unclear what documentation independent contractors will be required to submit to evidence their prior compensation for purposes of calculating benefit amounts. Unlike W-2 employees, contractors will not be able to provide paystubs evidencing their quarterly earnings

Forthcoming DOL guidance is expected regarding proper calculation of benefits for independent contractors and gig workers, and the documents necessary to support those calculations.

How long are benefits available?

Typically, state unemployment benefits expire after 26 weeks. The CARES Act extends this benefit period by 50 percent, permitting unemployed workers to collect benefits for up to 39 weeks.

However, the $600 additional weekly benefit is currently only available to workers unemployed during the eighteen-week period spanning March 30, 2020, to July 31, 2020.


Please include your name, company name, and market location with your question.
We will respond to your questions as soon as possible, using all resources available to us, including our external advisors.

For those who have already sent in questions, thank you. We are working hard to respond to each. We expect to have them all answered by the end of day today or tomorrow.

This website is for informational purposes only and does not provide legal advice. Please do not act or refrain from acting based on anything you read on this site. If you have legal questions, you should consult an attorney. No website is entirely secure, so please be cautious information provided through the contact form or email. Do not assume confidentiality exists in anything you send through this website or email.