The Bad News: It’s Complicated
The legal and public-perception goal posts on this program have already moved a few times, and that will likely continue for years. Your loan may be forgiven, but it may not. The loan may also bring unwanted future “bonuses” like audits, press or lawsuits. For those who took the money: I think that was wise given what we know now. Here’s a helpful primer called You Received a PPP Loan: What’s Next?
The headline is that you’ll want to track those PPP funds carefully, so you can react to changing winds if needed.