This 10-page analysis takes a look at the health and reaction of PEO customers during Covid-19. How does your organization compare? Get insights into the many ways a PEO supports and assists its small businesses, especially during a difficult season.
Small businesses that use a PEO were 119% more likely to have received PPP loans.
Overall, PEO customers were 60% less likely to have permanently closed.
They were also 72% more likely to have received PPP loans in Round 1.
PPP loan applications were successfully accepted for 98% of all PEO customers
These same organizations were 91% less likely to remain temporarily closed for an extended period of time.
Helping their clients navigate the COVID-19 legislation has been one of the finest hours for PEO companies.