The Paycheck Protection Program (PPP) is a loan that the lender makes to the employer. The loan has a maturity of 2 years @1% interest. If the employer does not qualify for forgiveness, then they must repay  the lender. SBA says the employer must maintain the same payroll level in 2020 as 2019, 75% of the PPP proceeds must be used for payroll expenses, and likely, there will be other guidance coming. If your client doesn't believe they can sustain the payroll levels, it may not make sense to take a PPP. Recommend you consider attending Coronavirus webinar tomorrow to see other options (like Employer Retention Credit). You can register here: https://proconnect.intuit.com/training/lacerte/