Sorry to take your time. I stepped on someone’s toes. This is my first rodeo. The question was Can an S corporation owner with a wage over $100k who has already received the proper PPP payment for an S corporation also qualify for a second PPP payment based on a Schedule C with line 31 in excess of $100K? Is the S Corporation owner also entitled to another $20,833 for PPP, or would that be viewed as double dipping? The sole proprietor is another different taxpayer. Is the $100,000 cap per human or per taxpayer?

There is no problem getting the loan from the bank. The trick is to receive for forgiveness and not be accused of double dipping later.