Here’s the government’s FAQ sheet on the Paycheck Protection Program, current as of today. It may not have all the answers, but it gives relatively simple answers to 47 questions by lenders, borrowers, and others.
Here’s a sampling:
Finally, here’s a reminder that you have until Monday to repay or return your loan, no questions asked, if you shouldn’t have certified that it’s necessary. It’s not a problem for most people who need these loans to meet payroll and don’t have other sources of liquidity. But it may be a problem for public or private companies with access to capital markets or adequate liquidity to support their operations. See Questions 31, 37, & 43.