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Staffing firms among biggest beneficiaries of PPP loans, use comes under fire (ProPublica)

July 27, 2020

Staffing firms were among the biggest beneficiaries of the Paycheck Protection Program and many have turned the government loans into profits, ProPublic reported. The organization reported 11,000 staffing firms took in a total of between $3.6 billion and $7.9 billion with about 4,600 of those getting more than $150,000 each. It said staffing firms registered external workers under the plan. “That means many temp companies were able to double dip, getting paid twice for the same worker, once by the client and then again by taxpayers,” according to the report. However, the move appears legal.