https://ift.tt/2wwdHAe Treasury Eases Terms for Small Businesses to Convert Loans to Grants Small Business, Coronavirus Aid, Relief, and Economic Security Act (2020), Layoffs and Job Reductions A fact sheet released on Friday said businesses could get forgiveness without rehiring all their employees if the layoffs occurred early on during the lockdowns. BY EMILY FLITTER May 16, 2020 at 06:13AM