Staffing Firms Eligibility for PPP Loans

By Martin L. Borosko, Esq. - April 13, 2020

ELIGIBILITY Are staffing firms eligible to participate in the CARES Act SBA PPP program? Yes, provided they meet one of the two eligibility tests. The first test focuses on the number of employees that the potential borrower has – i.e. a staffing firm with 500 or fewer employees is eligible to participate in the PPP program. The definition of employee includes a staffing firm’s part time employees and temporary employees. SBA has not defined part time employee and thus, the presumption is that all part time employees regardless of the duration of their part time employment count in determining eligibility. Read more

Recent Posts

See All

Becker LLC, Attorney Advertising Disclaimer  /  Privacy Policy

Prior results do not guarantee similar outcomes.  Readers should not rely upon the transmission of an e-mail message to Becker or its attorneys through this Web site to create an attorney-client relationship.  As well, readers should not act upon any information here without consulting legal counsel directly. 

 © copyright 2021  All Rights Reserved