Can H4-EAD Business apply Payroll Protection loan in COVID?

Hi @Anil.Gupta

I have started a firm based on H4-EAD. Business got impacted due to COVID. Heard about PPP, is there any downside if I apply for PPP loan?

Any downside in terms of GC, public benefits charge, etc

Couple of my friends in Texas applied for Ppp loan but immediately they got an audit query from gov investigating agency to determine the eligibility of loan.

Now they are working with both Tax consultant and immigration attorney on the similar kind of situation.