The PPP loans are forgivable under certain conditions only. If you have received (or hope to receive) a Paycheck Protection Program loan and want loan forgiveness, understand the requirements and how to apply.
SMB Relief Bill Passes: Congress Reaches Deal on $484 Billion Funding Package to Help Small Businesses
The deal focuses on replenishing funds for small business loans, but includes money for hospitals and testing
The Paycheck Protection Program is out of money. For the the small businesses that were able to secure a loan, they could face some drawbacks due to some flaws in the program