If I use a staffing agency to staff my business, am I eligible for the Paycheck Protection Program loan?

The business is not eligible since it did not pay employee taxes for those staff. In this scenario, the staffing agency may be eligible to apply for the Paycheck Protection Program loan.

Are S Corps eligible for the Paycheck Protection Program?

As a business that is being impacted by COVID-19, it is eligible. If you own the business and pay yourself a salary, the business is eligible for the Paycheck Protection Program.

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