We all answered that you are examining this from an invalid perspective. This is the problem with your perspective: "Is the S Corporation owner also entitled to another $20,833 for PPP"

The S Corp is an entity. That entity has its qualifications and provisions.

Your Sole Proprietor has a different qualification and provision.

"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."

Qualification or not, that is between the bank, the borrower, the program manager, etc.

And forgiveness or not is yet to be determined.

And of Course this is double-dipping. Everyone can see that this is double-dipping.