This seems to only be available, or at least forgivable, if you have employees. My niece runs an sole proprietorship with her, her hubby and one of the kids. Nobody gets a W2 so there is no salary to protect and then it just becomes a loan. If you can demonstrate you kept paying employees they might forgive all or part of the loan, making it a handout. We had a banker on the news tonight saying the rules at this point are so nebulous that he has no intent on loaning out anything until they actually put rules in place he can count on.
