Partnering with a PEO Does Not Negatively Influence Qualification for a CARES Act Loan

NAPEO - COVID-19 Resource

With the recent passage of the Coronavirus Aid, Relief, and Economic Security Act (the CARES Act), many businesses have begun to ask whether contracting for services with a professional employer organization (PEO) will interfere with the business's ability to qualify for a CARES Act loan, including under the new Paycheck Protection Program.

The answer is a resounding "NO!" according to case law, statutory regulations, and statements made by the Small Business Administration (SBA)

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