These are PPP loans. It converts into a grant if you use 75% of the money for payroll, and have (almost) the same number of employees by the end of June 2020.

These are PPP loans. It converts into a grant if you use 75% of the money for payroll, and have (almost) the same number of employees by the end of June 2020. These were for small businesses like restaurants, hotels, etc. But most of the money is gobble by big business. Personally, its time to change the defination of the small business.