What is the difference between collecting Unemployment versus PPP?

if this is for yourself, you can get PUA (Pandemic Unemployment Insurance) or PPP based on your Schedule C net taxible income or 1099 income. (At 2.5X your average monthly income) However, the Labor Department will deduct any hours you work on your business from your award. So, do the math to see if you have a better benefit from PPP or PUA. If PPP is for your employees, you can still get PUA for yourself with the same rules. However, if you collect unemployment be mindful of the payroll parameters of the PPP when you apply for forgiveness. Do the math first to decide what works for you and your situation. An employee is not eligible for unemployment if they are full time. There are some parameters for part-timers who apply for unemployment.