[cabmandone]

Originally Posted by wdfifteen

https://taxfoundation.org/sba-paycheck-protection-program-cares-act/

The loans turn into a grant if you use the money to keep your employees.

Right! But that's a different program than the one I'm talking about. The initial 10K you receive under the program I'm talking about is automatically a grant. The loan you receive beyond the 10K has an interest rate tied to it and has to be repaid.